Advanced Micro Devices - Moderated (AMD) Message Board

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Technology Stocks : Advanced Micro Devices - Moderated (AMD)

AMD 203.14

-0.8%

Jan 9 9:30 AM EST

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To: wanna_bmw who wrote (83207)	6/21/2002 12:56:52 PM
From: Elmer	Read Replies (2) of 275872

On the other hand, notice that Elmer recently announced that he has sold the last of his AMD shares. He's been one of the better indicators on this board. I'd like to know if I should follow suit and wait to repurchase at $5, or to cost-average with my current shares. I won't try to influence your decision but I'll give you my take. I didn't expect AMD to announce such a huge shortfall. I knew they weren't doing well when Intel lowered expectations but I didn't expect this. There just isn't anything on the horizon to prop them up. They are hopelessly behind NW in a slow market and with inventory building up who are they going to sell to? ASPs keep dropping and the blood keeps flowing. A potential flash recovery will only slow the flow. No significant volume for next generation hammers until well into next year means red ink for essentially as far as the mind can reasonably project. I hope you won't hold me to a standard of being a great predictor. I'm not. It's just that the water's coming in and I'm heading for the life boat. EP

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