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Politics : Formerly About Advanced Micro Devices

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To: AK2004 who wrote (24521)10/11/1997 2:43:00 PM
From: Paul Engel   of 1582761
 
albert - Re: " intel's future is not good - my own observation <gggggg>"

Let's look at your track record, albert!

In early 1995 when you sold Intel, Intel was selling for $17.34/share.

You bought AMD with your Intel profits at $31 - I am using the Feb 1, 1995 dates that you alluded to earlier as the time of your "religious conversion" to AMD.

So, that leaves you with a 32 month return on AMD at near ZERO.

And Intel has gone from $17.34 to $93! That is a 536% RUN UP!

I would say your track record for picking stocks and predicting their performance is highly suspect.

Remember albert a 536% return is better than a 0 % return.

Expressed mathematically, 536% > 0%.

But I know! AMD is so far down the pipe that their "prospects for better performance" is good. They have MORE POTENTIAL.

AMD has perpetually more potential. They maintain that POTENTIAL by NEVER realizing the POTENTIAL. Therefore, they ALWAYS HAVE THAT POTENTIAL!

Paul
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