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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: Yousef who wrote (47104)	1/23/1999 5:44:00 PM
From: Steven Ivanyi	Respond to of 1571702

<< Well Steve, AMD has already done something "spectacular" ... AMD turned a "bad" Q4 results as other CPU/systems companies turned in above estimate results. Seems like the market is starting to "adjust" AMD's stock price. <ggg>>>> Yousef I personally think AMD's Q4 results were realistic and good. The market had higher expections, thus, disappointment leads to massive selling. Considering everything: Intel, previous losses that being turned around, new lines of better and faster chips, increasing market share and so on, AMD looks like a good buy. But even good buys are affected by bullish or bearish sectors. So, given that, Intel in my opininion this past week put in a double top, a bearish signal, which I happen to take advantage of by shorting. Since Intel is the bellwether stock in the semi's, the whole sector could correct. As far as AMD is concerned, I think it short term bullish, simply because the massive selling by everyone has been overdone. But eventually the selling will start again. Both INTC and AMD cycle real well. Taking advantage of these cycles is where one makes the money. As for AMD it it my favorite daytrading stock. I usually trade my 2000 shares every day, short or long, and have consistently made money at it. I also in another account have bought at 16 and 17 and sold it the day before the Q4 news. So I'm happy. I never ever hold stocks into major earnings reports. Never, never, never, never, never and never. The risk is too high. just my 2 cents worth of ramble Steven