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Politics : Formerly About Advanced Micro Devices

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To: robbie who wrote (25266)10/23/1997 11:04:00 PM
From: Time Traveler  Read Replies (2) of 1575605
 
Robbie and All,

"Agreed on the Inteloper issue...Paul E. & Co. can make us [AMDiMites] a fortune as they are the ultimate contrarian indicator"

The reverse is also true for me. Ever since I started paying attention to AMD as a contrarian indicator, I saw this stock going to high 40's from low 40's and crashing down to high 20's. Although Intel did not do as back in the mean time, it is still a roller coster ride this year. At 82, Intel is a great bargain, but at 28, AMD is over priced. In a year or two, we all shall find out which investor group make the right decision. In the mean time, watch out for more loss in Q4. In Q3, if any of you is satisfied with a $32M loss after tax, check the before-tax figure --- an embarassing $67M in red. Oh, just in case if you are intersted to find what Intel's before-tax profit is, it is $2.4B (more than AMD's yearly revenue).

Good luck,
John.

Ps. Albert's boot has no one but himself to blame. He started too many witch hunts. And yes very true --- what comes around also goes around.
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