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

To: Scumbria who wrote (112546)	5/24/2000 8:28:00 PM
From: steve harris	Read Replies (1) \| Respond to of 1570940

OT Scumbria, If the government doesn't have a clue how to deal with financial markets, how can you put all of your faith into the government's solution to our society's problems? steve

To: Scumbria who wrote (112546)	5/24/2000 8:36:00 PM
From: chic_hearne	Respond to of 1570940

Re: AMD should be trading well over $100, but the Fed is dragging us down into the mud. I am baffled why everyone on this thread is not livid. Scumbria, I think the fed and AG have NOTHING to do with it. This is a valuation call, pure and simple. People are using the fed as an excuse, people like you buy it, I don't. Sure I'd love to see AMD at $100 right now, but I'd much rather see it at $200-300 early next year. AG has got things in control. If there's any clear news of a slowdown, rate hikes will stop. So far there hasn't been ANY clear sign of ANY type of a slowdown. The Nasdaq bubble has popped a little, that's all. chic

To: Scumbria who wrote (112546)	5/24/2000 8:44:00 PM
From: milo_morai	Respond to of 1570940

Can't get upset over something you cannot control.. We only have control over our own money. Milo

To: Scumbria who wrote (112546)	5/24/2000 9:17:00 PM
From: Elmer	Read Replies (2) \| Respond to of 1570940

Re: "AMD should be trading well over $100, but the Fed is dragging us down into the mud. I am baffled why everyone on this thread is not livid." So you're losing your shirt aye Scumbria? Relax, I wrote some June $85 & $75 puts. EP

To: Scumbria who wrote (112546)	5/24/2000 9:17:00 PM
From: nixtox	Respond to of 1570940

Scumbria, I share your concern but there is the other side of it. The US is not the world. Worldwide, 57,000 new subscribers go on the internet everyday, most of them using PCs. There is a slice there for AMD processors. Most of AMD's business is export. Now and in the future. I don't even think a recession is coming in the US. Not in semi anyway >20% forecast each year for the next three years and I agree with you:20% (or even 30%) a year for the semi should apply to the semi stocks as well. Unfortunately those semi stocks are traded with the B2B, B2C, e-vapor and the like. The NASDAQ was getting dangerously high. The higher they go the harder they fall. I can't imagine what kind of a crash would have happened if the "laissez-faire" prevailed, but I would bet that would have been painful. I'm not happy about what my semi stocks are doing right now but it's in a "selfish" kind of a way. If I make abstraction of that, then what's going on now is probably preventing something much worse. Could the fed have done it a better way? I pretty much think so, but I'm not an expert. I think there is a possibility that everything could quiet down relatively soon, after all those people will get a little too unpopular for their taste and pressure will rise against the interest hikes. Beside even if the NASDAQ is still overvalued it is in a more manageable way and I don't think the feds want to see it at 1,000 to be happy. They may be done already. Or am I a bit too optimistic? Just my 2c. Don't ask for a link ;-) Nick

To: Scumbria who wrote (112546)	5/24/2000 9:59:00 PM
From: tejek	Respond to of 1570940

AMD should be trading well over $100, but the Fed is dragging us down into the mud. I am baffled why everyone on this thread is not livid. Scumbria, Its because things having been going too well for AMD and I think we need to be punished. ted

To: Scumbria who wrote (112546)	5/24/2000 10:46:00 PM
From: Jim McMannis	Respond to of 1570940

RE:"AMD should be trading well over $100, but the Fed is dragging us down into the mud. I am baffled why everyone on this thread is not livid" First of all the FED is supposed to be independent of the government. As for the government, a lot of people have been livid for 8 years now. I guess it took a hit to the wallet to wake some people up. I remember how the fixed income set were livid when AG lowered the rates they could get on their CDs. Can't make all the people happy all the time I guess. <G> Sorry that you have lost 45% of your profits but the stock market is risky and options are a whole lot riskier. I know you don't want to hear how 600% is still good. On a more positive note, I think the market will dip for the last time in mid July, late June at best. Assuming a 1/2 point hike in June and another in August. Jim

To: Scumbria who wrote (112546)	5/25/2000 8:36:00 AM
From: hmaly	Read Replies (1) \| Respond to of 1570940

Scumbia re...<<<<AMD should be trading well over $100, but the Fed is dragging us down into the mud. I am baffled why everyone on this thread is not livid. Scumbria <<<<< Scumbia, you may be overextended right now, I don't know, but to blame the fed for this is ridiculous. Most people on wall st. were expecting a 1/2 point rise long before it happened, and the prudent investor would have gone to at least 30% cash before hand just to take advantage of a buying opportunity. So while you are complaining, others, such as Kash are cleaning up. Secondly, this is the first bear market in 12 yrs. Did you really expect the rally to last forever? Thirdly, the skinny is that AG wanted a quarter point increase, not 1/2. Fourth. Fluctuations are a normal part of life on the street. If you can't stand it then don,t invest or go into mutual funds and let others invest for you.