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Technology Stocks : Advanced Micro Devices - Moderated (AMD)
AMD 259.65+2.3%Jan 23 9:30 AM EST

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To: Tony Viola who wrote (55714)9/18/2001 11:44:27 AM
From: jamok99Read Replies (1) of 275872
 
Tony:

Re: <<But, the optimistic side said, what person that has even just $500, say $800 on average, wouldn't spend that amount of money on a computer that can be connected to the Internet 24X7X365? Maybe we're different, but I was looking at the PC as much as TV, for news, looking up maps of the middle East, history and profiles of the usual suspects, etc. in the last few days.>>

I'm skeptical of the idea, based on this logic: Those that use the internet as a main channel for information likely already own a computer, as those who don't often don't understand the ease of obtaining the wealth of information available. So the question becomes not whether people will buy their first computer, but whether they'll 'buy up' to a more current model. While I have no special claims to normality ;-), if the average joe is like me, I'll probably stick to my p2 400mhz for at least another quarter while I see how things shake out economically, given that it handles almost everything I need it to do (except some games) just fine. I find it interesting that while INTC got hurt yesterday, AMD acted almost as though it were an insurance (company) stock - and is lying there yelling, "I've fallen and I can't get up!" today - not good - where's the bounce?

Jamok
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