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


To: RDM who wrote (48741)2/5/1999 3:30:00 PM
From: Kevin K. Spurway  Read Replies (1) | Respond to of 1572446
 
Re: "What do the chicken bones say? Is this bottom?"

I've given some thought to picking some up. I think we'll see low twenties in short order (within the next three months) to be honest with you. Thing is, there's no point in buying today if I think it's going to hang around these levels for a while (a couple of weeks), which I think it will. At some point in that time, it will retest the lows, and if it holds, I'll probably be in for some more.

My experiences buying in quickly after a collapse in the hopes of a dead cat bounce have generally been negative ones--so I'm going to bide my time this time around.

Kevin