On Wed, 12 Oct 2005 17:32:58 -0500, EdG wrote:
> On Wed, 12 Oct 2005 14:10:48 -0500, chrisv <(E-Mail Removed)>
> wrote:
>
>>
>>"Microprocessor sales rose 44 percent, year-over-year, the company
>>reported."
>>
>>http://www.reed-electronics.com/elec...69453?nid=2019
>
> As soon as I started reading this article I said to myself, I wonder how
> much AMD's stock dropped....
>
> AMD 4:02PM ET $21.00 Down $3.00
>
> OUCH!!!!
I guess it's almost time to buy back in! I (my wife in her IRA) sold a
bunch a week ago at $23.50 and I told her to jump back in at $20.
This sort of thing often happens to techs after a great report. The
insiders had their run, and do. If the economy doesn't turn to $#|+ in
the fourth quarter, it'll run up again. The third quarter isn't normally
kind to the techs (October sucks), but the fourth is.
--
Keith