Advanced Micro Devices Inc (AMD)

[facsnotfiction]

Sold AMD yesterday at 24.33
AMD had a great run but I don't see much chance of any news being able to push the stock higher in the short term, and their's no sense in getting greedy. When the stock pulled back before the open yesterday I figured I had better watch it closely and I'm glad I did. Plus knowing that only one year in the last 6 has seen AMD rally after Q4 earnings. The stock usually trades down after Q4 earnings come out because of seasonality. I also want to see what the prospects are for the Flash business next year since there are so many other large players in that business, and pricing pressure exists. I do expect AMD to keep gaining marketshare from Intel in microprocessors, but I think some of those gains might get eaten up by Flash Losses. I figure I will probably get back in during the July/August timeframe, assuming no big suprises.