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Technology Stocks : Advanced Micro Devices - Moderated (AMD)
AMD 231.83+1.7%Jan 16 9:30 AM EST

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To: bacchus_ii who wrote (88424)9/24/2002 1:50:41 AM
From: Mani1Read Replies (1) of 275872
 
Hi, Re <<Just bought at $6,03. I'm now loaded at 133%.>>

I don't think there is anything wrong with going against the grain as most wealth are made that way.

But I have a hard time agreeing with your focus on AMD. Yes maybe AMD is indeed very inexpensive, but so are hundreds of other stocks. Being so loaded on AMD exposes you to a disaster without significant potential for huge return. For AMD to get back to cash flow positive within the next 4 quarters, a lot of good things have to happen, which I don't think will.

Also last time AMD stocked zoomed from $7 level, it was in the midst of hyper growth high tech economy and buying frenzy fueled by a once in a life time dot com mania. Even if Hammer beats expectation like Athlon did (very unlikely), AMD needs a lot of help from the overall market and economy.

Mani
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