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Friday, June 27, 2003 1:12:29 PM
Could be some disappointment about the fact that employee-stock-exchange program has not been announced to set in force already.
From yesterday's SC TO-C (here: http://amd.edgarpro.com/Results.asp?criteria=ticker_symbol&cols=7,0,4) it should indeed be in force already.
Maybe there was just a formal issue that had to be sorted out in last minute. If so, it signals that they feel urged to to it this week, otherwise they would have said so and postpone it until next week to sort out things without any rush.
Filing today, you would not be able to announce it during trade hours without hazzle. So expect the announcement after hours.
Could easily be a misperception of the market in other respect (which is admittedly a very gentle interpretation of AMDs latest actions thisrepectively):
They rang the bell twice now for investors with ears for it before taking action.
If so, the market seems to be too suspicious to believe in that. Or, almost nobody at all is tracking SEC-reports to take notice of what's going on with the matter.
Finally the conspiratious version: The boys playing the stock make sure there is nothing suspicous going on in the stock for three days preceding an important event moving the stock significantly. ;)
K.
Facts are irrelevant to the emotional brain
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