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Politics : Formerly About Advanced Micro Devices

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To: Bert Herman who wrote (28701)2/23/1998 6:01:00 PM
From: Reginald Middleton  Read Replies (1) of 1572780
 
<Therefore, YES, individuals and their sentiments have a great influence on the price. And therefore the stock price always over and undershoot the numbers. Share prices should never change so fast and so great if it was pure and only based on the numbers. Only by the numbers? No sentiments involved? Come on.>

The lower bound of the average investment horizon is 5 years. Price fluctuations that occur on a day to day or even at times a month to month basis are considered noise.

<Or do you have a pure, numerical explanation why the price for AMD went in 1.5 year from 10 to 47, back to 16 and now back up?>

AMD's perdicament has changed in the past 1.5 years. Do you not agree? If you do agree, then the answer to your question is obvious.
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