Advanced Micro Devices - Moderated (AMD) Message Board

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Technology Stocks : Advanced Micro Devices - Moderated (AMD)

AMD 258.86

+9.0%

3:59 PM EST

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To: niceguy767 who wrote (28804)	2/17/2001 12:42:36 PM
From: John Stopforth	Read Replies (2) of 275872

Niceguy Nortel's woe's could be good for AMD. Investor's are getting tired of high PE stocks or no PE stocks such as Nortel and are looking for value stocks like AMD. For the last nine months, I've been telling family and friends to avoid Nortel as being over priced. I've owned Nortel in the past and found they manipulated thier earnings. For a while now they have been posting positive earning but each time there was a one time charge giving them zero or negative earnings. It's alright to take one time charges from time to time but every quarter, no. The pertinence of this, it has been a very similar situation at Intel. For quarter after quarter Intel has been using capital gains to boost their earning (of course every one on this thread except Paul realizes this). In my opinion Intel could face the same fate as Nortel when the capital gains run out. This could be sooner than later. Unfortunately, when this happens it will pull down AMD as well. If AMD can keep producing good products,AMD will soar when the economy recovers. JMHO John

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