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Politics : Formerly About Advanced Micro Devices

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To: Scumbria who wrote (112571)5/24/2000 10:45:00 PM
From: Elmer  Read Replies (4) of 1571040
 
Re: "It is awful. I'm only up 600% for the year now. Down from 1100% two weeks ago."

Scumbria, I think you need to cool off. Do you expect the market to only go up and never correct? AMD was due for a correction. The fundamentals remain the same. There's no significant price war and AMD is profitable. They have a good product and more capacity coming on line. The market is hot and the competition can't meet the demand. Flash is as scarce as hen's teeth. AMD's cash position is improving with the sale of the communications division. Things have never looked this good for AMD and all you can do is whine about a correction that simply had to happen. If you really are up 600% don't you think you could put your greed aside for a minute and find the time to be grateful for what you've achieved? This short term thinking is not the road to wealth. I suspect the hope of making a killing has you playing the long options game and the market isn't on your time schedule right now.

Think long term Scumbria. Don't try to make it all at once. It's a losers game.

EP
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