It's fun to try to predict stock price movements, and if you have a lot of money to place on your bet, you can win big if you are right.
Of course, a standard warning to anyone: it's definitely gambling if you put money in it for near term trades. And...you'll be playing in a game with some very big pros who make a living fleecing amateurs (and unlucky other pros).
Personally, I buy into the "random walk" idea about these things (which is in the context of the fundamentals which control longer term outcomes).
So, my potshot (and yeah, all these posts *are* potshots!), is we never get below $13.50 unless the Nasdaq goes down another 5%-10%. If the Nasdaq stays flat, it stays near where we are for the moment. If the Nas up, AMD goes up.
Intel has got to be hurting too. I know I am in the market for a new gaming rig but there is no way in hell I would buy atm. About the time Windows Vista SP 2 arrives, then I will start pricing a machine. Sorry Intel and AMD.