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Politics : Formerly About Advanced Micro Devices

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To: f.simons who wrote (121563)8/2/2000 5:19:36 PM
From: tejek   of 1575624
 
I agree with most of the rest of what you say. It is a bad time for techs, and you are right that Intel is not at its high. But you have to agree it has held up better than AMAT, AMD, MOT etc. They will all come back. AMD is down 36%. Comebacks from levels like that usually take a long time. I know because I have ridden several Intel dips that large. AMD has to gain 56+% to get back that 36% it has lost.

Frank

In my experience, the hard stock comeback is when a company has screwed up...failed to meet street expectations. In a market sell off like this one, it can be considerably faster. Time will tell.

What crows around comes around. Certain people, who I am sure are really nice guys, make it hard for us to lay off the smart-ass remarks when times get tough.

I understand this completely...I was not one of those guys but I can understand you all wanting to flame at AMD's expense. AMD longs trashed Intel a lot the last few months. It doesn't bother me at all...however neither RMBS nor Intel are immune to what's going on. RMBS has been hit worst than AMD while Intel as the sector leader will be the last to get it but won't go down as hard. Its always the same.

ted
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