Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Paul Engel who wrote (48593)	7/21/2001 10:49:02 PM
From: kapkan4u	Respond to of 275872

<I've been out of AMD for 3 1/2 weeks - and even got off a few shorts on the way down !! I may buy back in at $12 - or maybe $10.> What an impeccable timing after the fact. Did you tell us at the time? All I remember is your marveling at the appreciation of your AMD stock. Kap

To: Paul Engel who wrote (48593)	7/21/2001 11:14:52 PM
From: Jim McMannis	Read Replies (1) \| Respond to of 275872

RE:"I've been out of AMD for 3 1/2 weeks - and even got off a few shorts on the way down !!" OH MY!...Now we have Retro-trader! Jim

To: Paul Engel who wrote (48593)	7/22/2001 1:04:26 PM
From: Cirruslvr	Read Replies (7) \| Respond to of 275872

Paul - RE: "I may buy back in at $12 - or maybe $10." I think it can go even lower than that. $10 is $20 presplit, and back in 1998 and 1999 the stock went down to $13 - $15 presplit They want to build a new fab? Gotta borrow LOTS of money. Some people said AMD's long term debt went down recently, but it is gonna go back up significantly when they borrow money to get a new fab started. And with HUGE losses coming, their S&P debt rating may be lowered, further raising the cost to borrow money to build a new fab. Their cash will slowly wither away as they give away, err, "sell" DUDon for $30, losing money further weakening AMD's balance sheet. August 26, the day of Intel's next big price drop, will be the day the walls at 1 AMD Place really begin to crumble. Good thing they don't own the building, eh! Those price drops are the knockout blow that will leave AMD dazed and confused wondering what smacked them upside the head. Intel's decision to fill the gaps between the original plan of 1.5Ghz, 1.7GHz, and 2.0GHz is brilliant. AMD will be left behind in the dust, gasping for air. Also, bringing in Tualatin Celerons will make the DUDon sell for even less. ASPs gonna get uglier. I'll tell you one thing, it sure is nice watching AMD fall into another black hole and not being a part of it for a change. I used to be like some on this thread, in denial and thinking AMD may be able to pull through somehow when it is clear to a non-Droid that bad times are coming. But, hey, a $500 share price is just around the corner!