Kenith, <I just don't understand why the 3 kept on going. ..at least 2 of them were bad mouthing AMD even when it was at the cellar.>
I think these guys are also trying to make money, all
with slightly different reasons. They think that the
microprocessor sector of stock market is a zero sum
game. They think that if someone has decided to invest
in this sector (due to obvious growth potential),
he/she must decide between few major players - INTC,
AMD, NSM, IDTI, Motorola/IBM...
It also seems obvious that they have a large position
in Intel, historically. Therefore, in their
minds, if they will continuously bad mouthing Intel
competitiors in public, there are MORE chances that an
illiterate newcomer, with superficial understanding, will
join their church, and will more likely create some
additional buying pressure. Therefore, they probably
ARE making money out of their tactics.
A complementary part of their publicism
is to provide an extremely loud cheerladding on the
Intel thread, just to keep the participants at the
highest level of hype, with the same reason - to
shift the current balance of opinions/expectations.
It is relatively easy to do because Intel (with their
huge marketing money) is apparently
orchesrtating all these enormous junk-press
publications about yet-to-be-made products, technology
acquisitions and "strategic" investments.
I think they see some reason to do all this. At least,
it seems better than just sitting, watching tickers,
and do nothing. "Make it so" is the shameless
manifestation of this tactics.
They are just doing their best to protect their
investments (Paul), or help a bit in their speculation
on short side (Yousef, Stoky). That simple. You have to
filter them out.
I don't disagree that there are no problems with AMD.
The product could be better, production ramp could be
faster, pricing policy could be more flexible ... But
again, all this is a subject of EXPECTATIONS.
Actually, I even can think that these guys are doing
a favor for the dynamics of AMD stock. They are lowering
investor's expectations, and that may keep AMD price
relatively stable even in the hardest period of their
business.
So, take care,
Ali |
