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Technology Stocks : Advanced Micro Devices - Moderated (AMD)
AMD 204.72-2.5%3:59 PM EST

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To: herb will who wrote (48930)7/25/2001 12:07:33 PM
From: Paul EngelRead Replies (1) of 275872
 
Herb - Re: "I still can’t figure out why you and the rest of the AMD zealots are not crying over your recent woes with your AMD investment. AMD stock price just fell 50% this month. Jerry waited to warn only a week before the scheduled earning announcement. My word, why bother! Was that because Jerry sold in May some 12M in stock with a cost basis of $7.38? Was it because on May 7, 2001 AMD converted some $517,500 of convertible debt to common which required that in order to conclude the conversion that the last reported sale price for the Common Stock be at least 130% of the then effective conversion price for at least 20 trading days within a period of 30 (130% x $18.50 = $24.05)? Certainly Jerry knew in April that Q2 was in the dumper. Why was he so quiet? Yet AMD suckers never utter a peep."

OUTSTANDING argument.

The AMDroids would. rather WHINE ON AND ON about Intel rather than face the fact that AMD is in the toilet - about to be flushed - and Mad Man Sanders just walked away with another fortune - courtesy of the AMD shareholders who bought his stock in the $high $20s and low $30s !!
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