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

To: kash johal who wrote (84654)	1/2/2000 3:39:00 PM
From: Pravin Kamdar	Read Replies (1) \| Respond to of 1586653

Happy Millenium all. AMD longs can look forward to a prosperous year. AMD will be the "Qualcom" of 2000. Best wishes. Pravin.

To: kash johal who wrote (84654)	1/2/2000 4:22:00 PM
From: carl a. mehr	Respond to of 1586653

kash, Thanks for your comments. Margin can be a very dangerous thing to use. In AMD post #84367 I conducted a very serious class on the use of margin. I had had a bull run for 18 months prior to the fall of 1997, during which time I obtained a high (portfolio value) that was almost 9 times greater than at the beginning. At that point I was knocked down about 70% due to two factors: 1. Too much margin. Read my AMD post #84367. Broker allowed 60% borrowed v/s 40% equity, and that is a little bit insane. 2. Not enough portfolio diversification. Having been an AMD stockholder and learned what I know today, I would thread very lightly, if at all, in using margin on a stock like AMD. I am comfortable with my current portfolio diversification of 41%, 28% and 24% for Intel, Microsoft and Cisco, respectively. I also strive to lower my debit balance to 35% of equity. I hope that I have not offended anybody with my viewpoint of AMD. Instead I hope that my posts may help somebody in this 'wild' game we are playing. The name of the game is to win and win big! The odds are much better here than in Las Vegas. Vive the Internet!...humble carl