Scumbria - Every company routinely paints subjective information in a favorable light. The line stops when what they say is patently false, the financial numbers are plain wrong and misleading or material facts are blatently misrepresented. Unfortunately, other than for financial results, the standards are subjective. Intel bigots (I am one) will view the same information as AMD bigots (can we think of any?)and arrive at vastly different conclusions. IMHO, you have a teensy tendency to take virtually every announcement from Intel and rip into it as a crystal clear sign that Intel is:
a) wrong
b) prevaricating
c) stupid
d) evil
e) dangerous
f) remarkably incompetant
That is your right. That function on the AMD thread used to be taken by Fuchi, AlbertK, Martin AB and others. You appear to be the current vigorous AMD supporter.
Within a year, it will be clear whether this is a shrewd stance or not. All I can say is that in the 3 years I have been reading the threads, the AMD supporter tune has been consistent and wrong (again IMHO). Unless you were a nimble trader, an investment (buy and hold) in AMD has been a losing proposition. In the future, all they have to do, again IMHO, is perform very considerably above their track record, make no tragic mistakes and get their financial house in order before they run out of options. My personal guess is that they won't end 1998 as an independent company. But hey, that might turn out to be a windfall for AMD investors. And it might turn out to be a serious headache for Intel, depending on the buyer.
In the interests of truth in advertising, I have invested in Intel (starting my purchases in 1982 or so) and it has been very rewarding for me to date. Very. Haven't sold yet. If I had listened at any point in the past three years to the AMD supporters I would have missed out on substantial gains. Although even a stopped clock is right twice a day, I believe that a substantial record of wrong advice is not necessarily an indicator that todays advice from the same source is sound, correct or well reasoned. But I will admit that AMD has potential.
Good investing,
Burt |
