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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: kapkan4u who wrote (61850)6/15/1999 11:28:00 AM
From: Jim McMannis  Respond to of 1573092
 
RE:"AMD is probably one of the safest Y2K plays among the semiconductors
because they have very little exposure to the corporate IT purchases.
The “nuclear winter” scenarios should affect them the least."

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They throw the baby out with the bathwater in a panic but I agree that AMD is a good play. Once Y2K passes and we can see the damage, hardware stocks should recover quite well as systems can then be upgraded. In the meantime, inflation is rampant, the government lies about it, wall street points to the low price of gold as an indication of low inflation while they sell out at the top...knowing that gold is being manipulated down by European Central Banks for the reason of backing paper currencies. All the while, the printing presses run.
I wish I had a nickel for every wall street analyst on CNBC that said the long bond wouldn't go any higher than 6% and then the yield would head back down again. These guys are really milking it for all they can grab.

Jim