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


To: Petz who wrote (47127)1/24/1999 12:27:00 PM
From: Steven Ivanyi  Respond to of 1580265
 
<<Now I suspect 21.5 to 25 is a short term trading range for AMD.>>

This agrees with my analysis as well. I suspect that significant resistance will remain at 25 for a while. Tomorrow, I will do one of two things shortly after the open: if the stock gaps up I will look for a spot to short and if the stock gaps down I will look for a bottom or support for a quick run up.

I still suspect that over the longer haul, AMD will break the 25 barrier, especially with new chips and market share, etc.

Steven