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

To: Cory Gault who wrote (95717)	2/28/2000 7:37:00 PM
From: steve harris	Read Replies (2) \| Respond to of 1572186

CG, re:"I find it very interesting that many of you seem to feel it is incomprehensible to own both stocks or that for AMD to move up from the basement where it has languished that INTC has to come down" I own both stocks. I bought AMD because I thought it was a better buy than INTC, and had a better chance for a larger gain. Did you buy AMD because you thought that it was better than buying more INTC? I can't follow your logic concerning both, should you have not purchased which stock you thought might have the largest increase in value? steve

To: Cory Gault who wrote (95717)	2/28/2000 8:31:00 PM
From: Gopher Broke	Read Replies (2) \| Respond to of 1572186

Cory, re: both stocks moving up I am looking for returns from my AMD investment that are substantially higher then the yearly increase in the processor market. OK, I am already up 100% on AMD but I are greedy and looking for another 100% this year. You can call me misguided, but at least you should be able to understand why I think Intel might have a problem with their revenue growth over the next few quarters. My investment objectives require AMD to take the lions share of any growth in the market. And since competition will inevitably lower prices then Intel will also have to reduce their ASPs. Putting aside the chances of AMD's success, the outlook does not look particularly rosy for Intel in any scenario I can think of. So why not short Intel? Stock prices reflect investor allegiance not fundamentals. Intel's stock price will drop when investors realize that their Intel investment is going to yield 15% PA not the 50% PA it has in the past. This Q is too risky, but maybe in May sometime. Incidentally, a lot of the money I am now investing in AMD I made by investing in Intel, starting back in 92. I sold all my Intel investment a couple of years ago following a presentation on Merced. I remain grateful to Intel, just no longer convinced they can retain their monopoly for much longer.