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Technology Stocks : Advanced Micro Devices - Moderated (AMD)
AMD 213.43+6.2%Dec 19 9:30 AM EST
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To: Elmer who wrote (82891)6/19/2002 10:58:05 AM
From: tejekRead Replies (2) of 275872
 
I saved this long ago. Now I know why.

An absolute classic! Too bad more didn't read it at the time. It's a timeless piece for the brainless.


EP, oh bull crap. I told Ten if you think this is your father's AMD, think again. It ain't and INTC knows it. Never in its history has AMD challenged INTC in the way it has in the last two-three years.

And as for the spikes in the stock price that's common for most chip companies because guess what.......they are a cyclical industry and cyclicals tend to be high in price in the latter stages of an expansion and low in price in the latter stages of a recession. And this time tech business is particularly hard hit. INTC's spikes and lows are not as pronounced because the funds hold hands during the bad times. In that way, INTC is fortunate but don't take it for granted........the worm can turn........look at SUNW and CSCO.

So, lets not get carried away. AMD warned just like INTC did a couple of weeks ago and hundreds of tech companies have been doing for the past year. Tech business sucks and that's all there is to this. So take your Fortune article to the toilet 'cause that's its highest and best use.

Have a good one!!!!!!

ted
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