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

To: Gopher Broke who wrote (116278)6/18/2000 7:35:00 PM
From: Paul Engel  Read Replies (3) | Respond to of 1572500
 
Gopher Brain - re: "Your strategy, as I understand it, is to buy companies regardless of their intrinsic value because you think suckers will buy the company up"

For AMD, yes.

The droids on this thread repeat this process time and time again - and I make a great deal of profit each time.

And when AMD screws up again, I can reverse and go short - which I did in early 1999 - and made a great profit as well.

Paul



To: Gopher Broke who wrote (116278)6/18/2000 11:01:00 PM
From: niceguy767  Respond to of 1572500
 
Gopher Broke:

Re: "Paulie's strategy, as I understand it, is to buy companies regardless of their intrinsic value because he
thinks suckers will buy the company up. Do you regard this as a less speculative, longer term investment strategy?"

Comment: Paulie jumped ship on Feb. 2, 2000 at $35-11/16's...Rolled everything he had into Intel...Probably done OK, but not nearly as OK as those who rolled out of Intel into AMD!


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