SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: tejek who wrote (78534)11/3/1999 6:00:00 PM
From: Charles R  Read Replies (1) | Respond to of 1576613
 
Ted,

<So what is wrong with ALSC.....I thought it was finally ready to go and then it stalled out today.>

Weak managment and no killer products. We got the Chartered pop in the last couple of weeks and now I am not sure if there is much left until something else develops - share buyback or buyout or until next earnings or something like that. I have lightened my stake big time over the last week (75% gone as of today).

<I bought MMCN today.....talking about catching a falling knife, it made intc look like a beginner today.....it fell nearly 10 pts. I had finished doing my DD and was getting ready to buy when it started dropping. The yahoo thread was freaking out. So I checked around and decided the concerns were overblown and bought at 17 what I was prepared to pay 26 for earlier in the day. It was either the smartest or dumbest move I ever made.>

I have found this stock rewarding to trade between mid-teens to mid-twenties but I am not so sure about the future at this point. I have a buddy of mine over there. He bought a nice place in San Jose recently with his pre-ipo options and was telling me it was a good buy at $50+ couple of months back. Glad I stayed out! I will check around and let you know if I find anything positive.

Chuck