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Politics : Formerly About Advanced Micro Devices
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To: JBoyd who wrote (34307)7/12/1998 1:02:00 AM
From: Dale J.  Read Replies (1) of 1572099
 
JBoyd,

I'M DESPERATELY LOOKING FOR EXCUSES TO HOLD THIS STOCK!!!

Well, I see you already have had input from some very smart people. I can only add, that if you do decide to hold, make sure its part of a diversified portfolio. Because these stocks can and do go to zero. I'm not suggesting that will happen to AMD, but just make sure you diversify.

A case in point is Zenith. I never owned it myself, but I remember back about a couple years ago it was making a resurgence over the cable modem craze. It has since went out of favor with the Street. In fact it traded last at 3/8 before it expired just a month or so ago. Again I am not comparing Zenith to AMD, only citing the justification for diversification.

Dale

Below is the discussion heading from the Zenith SI thread on May, 1996. (Just two years ago) This gentlemen gave the Zenith thread his insights (in astounding detail I might add) as to what will happen:

Zenith has found it's support level. A major majority of the money that moved into Zenith has moved out. Over the next couple of days Zenith will trade in a narrow range, most likely on the downside, possibly touching $15. Beginning around Tuesday 14th, Zenith will move higher, to approx. $21. It will hold this pattern through the week. There will be another small sell-off possibly on Friday 17th, most likely Monday or Tuesday the 20th-21st. This will be followed by a strong surge in the stock price on May 22nd-23rd to approx. $28. This strong surge will put the money back into Zenith. It will hold this pattern for a few days with some potential sell-off.
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