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Re: HailMary post# 18293

Thursday, 11/20/2003 7:23:28 PM

Thursday, November 20, 2003 7:23:28 PM

Post# of 97755
Hailmary, things may always change, but this has historically been a good time of year for semis. The market may be pulling back a little now, but it's usually poised to strike back before the end of the year. I will probably exit my positions just after New Year's. Since the market has been going so well for many companies, I expect the government to come out with the data proving this, and of course it will push stocks higher (even though we already *know* what it's going to say smile.

I think AMD will head back to $18, and maybe get to $20 or higher if their mid-quarter earnings update guides towards a profitable quarter. I also expect good news from Intel, and that usually pushes AMD higher as well. If you're lucky, you may see a little more downward movement, and then you can buy back in. Best of luck.
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