>>Re: "I pointed these numbers out to Mr. Spurway two days ago and got a lecture about how Intel holders are obsessed with stock price while the more high minded AMD holders are more interested in the quality of product."
Did you? Not from me.<<
Tejek was right. I must have been doing drugs on a few of my posts that day. I live in Mexico, our phone line was cut due to street repairs (not an uncommon occurrence), and after two days I went back and tried to post without referring to my inbox. Big mistake!
Apologies to all concerned.
>>>Couple this to the fact that the market is currently valuing Intel for success and valuing AMD for failure, and I think AMD represents a good investment opportunity right now--probably a better one than it has in a long time. Let me ask you a question. If AMD achieves less than it's goal and takes 20% of the x86 market, evenly distributed from low to high end, and does it with half the margins currently enjoyed by Intel, where do you think AMD will trade?<<<
Tough question. There are so many "if's" and no historical guide since AMD has never achieved any of this except at the low end in retail market share. I also think that much depends on what happens after Athlon/Coppermine. There may be a perception that AMD is straining up against the limits of its abilities with the Athlon and will have a hard time moving beyond it. That same perception may not apply to Intel. I think that AMD investors are so giddy over the Athlon that they have lost sight of where AMD goes from here. Lack of money and available financing may come into play at that point.
>>AMD is not in the process of diversifying the way Intel is.<<
Probably because they can't. It takes some cash which AMD does not have. Intel has obviously decided that the future does not bode well for ANY company that makes CPU's and little else. Only time will tell if diversifying worked. I believe it is essential. This situation is analogous to Intel's decision 15 years ago to get out of the memory business. This time they are the leader in their core business, so are staying in it. Last time, they gave up on a business they weren't going to be a dominate player in and the rest is history.
>>>As far as the stock price goes, who cares what it does day to day unless you're a day trader? If all you discuss on these boards is stock price and daily moves, then your not an investor--you're an idiot.<<<
I certainly agree with this (not the part about being an idiot). It is funny, however, that stock prices are not important on this thread when the stock is down, but are when the stock is moving up. I am not concerned with day to day prices, and only make about 4 trades a year on average. |
