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Technology Stocks : Advanced Micro Devices - Moderated (AMD)
AMD 236.73-6.1%Jan 30 9:30 AM EST
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To: kapkan4u who wrote (34315)3/31/2001 12:34:22 PM
From: ursulaminarRead Replies (1) of 275872
 
That article is not all bad. He said ..... "A few years back, an investment banker told me that he had a surefire way to make lots of money from AMD. ``Buy when it gets down to 20,'' my friend said. ``And then short it when it gets up to 40. You'll make a fortune between 20 and 40."

Well, I bought below $20 and I'll be damned pleased with myself if AMD sees $40. I'm long on AMD (3,000 shares), but I do think that this guy makes some very good points.

I hope its different this time, but I know that for every investor who trusts Jerry Sanders, there are 5 who don't. Awhile back, I mentioned to a buddy of mine who works for HP that I was buying some AMD stock. The first words out of his mouth were, I know the stock looks cheap, but I don't trust Jerry Sanders! Perhaps this perception is unfair. But, that's what happens when a CEO makes a pile of dough while the share holders end up with a pile of dookie year after year!
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