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Technology Stocks : Advanced Micro Devices - Moderated (AMD) -- Ignore unavailable to you. Want to Upgrade?

To: Mani1 who wrote (3343)	8/2/2000 4:27:57 PM
From: TimF	Respond to of 275872

Lets be honest, I decided to live and die by AMD and so far is not looking good. If this is due to another AMD screw-up which will push the price down much much lower, I'll be wiped out A lot of people here might face that risk. At least if my account is actually wiped out I wont be ruined. (I only have about $2k of margin debt.) I will however have had the majority of my income for this year go up in smoke. This is really ugly and it seems so stupid. Tim

To: Mani1 who wrote (3343)	8/2/2000 4:34:54 PM
From: Scumbria	Respond to of 275872

Mani, Do you remember the "late mask fix" panic in January, 1999? This occured right when AMD was on the verge of a huge move forward. I see the same pattern happening now. The shareholders are self-destructing. They want everything to be perfect, and AMD to be a zero risk investment. The slightest suggestion of risk drives them to insanity and self-sabotage. Scumbria

To: Mani1 who wrote (3343)	8/2/2000 4:49:53 PM
From: AK2004	Respond to of 275872

Mani I was just joking around. AMD is hurting me as well but I do not see it as a AMD performance indicator - it never works like that. At one point amd was traded in single digits while the debt was relatively low and the flash alone was valued at at least $15-$20. That is not a lot of comfort but that is life. Here is my understanding of what is going on: The following might be in the minds of investors: 1) intel is expected to release new chips around that time to wipe out amd. While AMD got a strong product I would watch out for any moves down as a signal to sell. 2) intel is more valuable company and hence shares should be more expensive. One may not look at raw numbers per share 3) better than expected availability of flash and lower than expected demand for pcs - "we will crash you" is back 4) weak chip business in asia 5) intel chip pains it is sorta like a chain reaction that triggers selling then in turn trigger more selling. Two ways out of it as I can see: 1) wait it out and possibly buy back back some shares. Would be better than buying back the debt but.... 2) start buying back the shares - unfortunately amd is out of $400mil that it could have used for that No pure pr action or increase in speed would help. Buy backs would probably bring buyers (another chain reaction). I think that re-purchasing debt was a dumb idea Regards -Albert