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Strategies & Market Trends : Don't Drink the Kool-Aid Kids -- Ignore unavailable to you. Want to Upgrade?

To: Stoctrash who wrote (212)	3/30/2001 8:30:09 AM
From: im a survivor	Read Replies (1) \| Respond to of 1063

Thanks Fred.....even though short might be best.....I can't stomach it.......I'd rather sit in cash or a fixed income type thing, rather then short......it's just not in my blood. Know matter how much the chart screams at me to go short, I just can't seem to do it........ Oh well, I'll keep looking....not in any hurry.... so you think nazzy 1000 should be it.......do you feel we start to see some recovery by this time next year, or are those with 03 leaps royally screwed?? Thanks Keith, with a Viper eating Firebird for sale!!<ggg>

To: Stoctrash who wrote (212)	3/30/2001 9:56:51 AM
From: Rarebird	Read Replies (1) \| Respond to of 1063

Here's a bullish argument for AMD on a nice pullback: AMD makes computer chips for PC clones, especially for the cheaper machines. If we do have a prolonged recession, consumers are likely to use the internet more often, not less, as it is a cheap form of entertainment and communication, and the $1500 computers with their chips are likely to sell much more than the $3000 computers with Intel chips. Moreover, AMD has had a profit growth averaging 12% over the past five years, while its P/E ratio is only about 9, yielding a profit-growth-to-P/E of 3:2. If this ratio can get back down again to 2:1, as it did in January, I'm a buyer of the shares. Grrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrowl!