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

To: DRBES who wrote (8770)	9/16/2000 6:20:31 PM
From: bacchus_ii	Read Replies (1) \| Respond to of 275872

DRBES RE:"Regulars on this thread probably know what I meant" I should have caught what you meant. I'm a new poster here but I'm an old time lurker of this tread (especially the UNmoderated one, which later became the Tejek’s one <g>). I read SI-AMD posts since more than 2 years and during that time I surely read 99% of your post. Am I too old to remember what everybody said? Maybe - I always had a miserable memory anyway. I want to take this occasion to thank you and many others for all the knowledge I grabbed reading your post. However, the comment doesn’t apply to the few intellibies that had to go to my ignore list during that period. I'm retired since more than a decade and I live only from my investments. I'm a poor millionaire should I say, just enough to raise my family. In no way I can afford to lose half my money on stock. How come did I invest 100% in one single stock like AMD? Well I ever play the diversification game before and lost a lot sometime, break-even some years but never made real money in betting on many horses. I should add to that picture that my primary motive to invest in AMD was politic: I hate monopolistic behaviour of WINTEL. I had a vision of sanity returning to this sector with at least 2 CPU provider following a standard functionality. PC evolution should proceed according to an ISO definition of a x-86 PC. SW and HW should have there saying here. Why the GOOD, the BAD and the UGLY became AMD-INTC-MSFT in that order, I don't remember. Made my money in my business making firmware in join venture with an other start-up co., making the hardware, producing a network computer in the early 80's. Since then, I’ve been only successful in not losing it all in somebody’s else business. However, AMD is an obvious exception . It's the first time that I make big money in stock, well over half a million. And maybe the reason is I almost consider AMD as my company and you all as my associates. Believe me, even last summer when my investment in AMD was in the red, I was fully satisfied in this kind of crusade. After more than 15 years dealing with investments I never had more satisfaction. SO, what a bad picture we have here: he bet the whole farm on one single stock and he is in love with that stock ...Well not that much. Actually all my initial investment in AMD has return to my bond portfolio plus the biggest part of the profits too so only a part of what I earned is still invested. Now, if AMD's shares approach too much the book value or PE goes bellow sanity I will come back in aggressive mood...in fact we are already close to this junction; at least when it comes to the PE. I'm sorry if I appeared to be some sort of weird AMDroid coming from nowhere. My point was to explain to you DRBES that I only see the big picture or almost. Market Cap is what should be displayed first on a quote screen, just nest to the price of the shares. Daily-Volume should be express in % of Outstanding shares. What percentage of the co. has been traded? As you can see, I'm a lot too conservative to be in the market. But I love so much AMD... Gottfried PS: Of course, among other things, English is my second language... :-( I’ve even been helped one this one given it's pretty long.