Advanced Micro Devices - Moderated (AMD) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Advanced Micro Devices - Moderated (AMD)

AMD 203.14

-0.8%

Jan 9 9:30 AM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: wanna_bmw who wrote (83207)	6/21/2002 3:47:32 PM
From: andreas_wonisch	Read Replies (5) of 275872

Wanna_bmw, Re: 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'd had a look at the five year chart and AMD did never close below $7 in that time frame. Actually the lowest close was exactly $7.0 (split-adjusted) somewhen in summer 1998. Even when AMD was nearly bankrupt and had announced a massive earnings shortfall one year later (1999) the stock wasn't trading lower. Since then book-value has increased and AMD has enough cash to last at least another year before getting into a similar situation. Of course there's no guarantee that these historical trading patterns will hold up this time, especially not if the rest of the market continues to go down rapidly, but I think the chances aren't too bad. For AMD to trade at half book-value the company had to be nearly bankrupt IMO. At that won't happen any time soon. Andreas

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next