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AMD reports record sales

 
 
chrisv
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      12th Oct 2005

"Microprocessor sales rose 44 percent, year-over-year, the company
reported."

http://www.reed-electronics.com/elec...69453?nid=2019

 
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EdG
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      12th Oct 2005
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!!!!



 
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keith
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      13th Oct 2005
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
 
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Yousuf Khan
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      14th Oct 2005
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!!!!


The more it blows past expectations, the worse it falls the next day.

Yousuf Khan
 
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keith
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      15th Oct 2005
On Fri, 14 Oct 2005 01:11:07 -0400, Yousuf Khan wrote:

> 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!!!!

>
> The more it blows past expectations, the worse it falls the next day.


Insiders, perhaps? This isn't unusual.

--
Keith
 
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