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

To: chic_hearne who wrote (115785)6/13/2000 6:35:00 PM
From: Jim McMannis  Read Replies (1) | Respond to of 1579092
 
RE:"Don't forget the wealth effect, it's very real. In the 8 months I've been at my job at least 5 co-workers have sold stock and paid cash for new cars. Maybe this is normal, I haven't been in the workforce that long. All of them were "treating" themselves by selling a few hundred shares of some stocks that had gone up 500% over a few short years."

Yep....

Sooner or later you have to cash in or die rich. <G>

Hopefully our AMD will be up 1000% by that time...

Jim



To: chic_hearne who wrote (115785)6/13/2000 8:54:00 PM
From: tejek  Respond to of 1579092
 
Don't forget the wealth effect, it's very real. In the 8 months I've been at my job at least 5 co-workers have sold stock and paid cash for new cars. Maybe this is normal, I haven't been in the workforce that long. All of them were "treating" themselves by selling a few hundred shares of some stocks that had gone up 500% over a few short years.

chic,

That's how I bought my car a year and half ago....but I don't think its that normal.

ted


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