Advanced Micro Devices Inc (AMD)

[drjohn]

Exceptional stock performance on high volume again today, holding up in after hours. The question is: Can this run continue? What do you think?

Shorts are covering because AMD has aquired enough cash to stay
in buissness for one more year,also convertible bonds have established a strong base a $7.00+. The stock is rising on A64-opteron hype both of which will not contribute to the bottom line for another six months. If the launch turns into a multi socketed nightmare then I see the stock giving up some if not most of its gains.jmho