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


To: niceguy767 who wrote (49238)7/27/2001 7:24:01 PM
From: TenchusatsuRead Replies (1) | Respond to of 275872
 
NiceGuy, Paul called it back in the middle of June:

Message 15965774

Of course, his point got lost in all of the noise that he helps to perpetuate.

Tenchusatsu



To: niceguy767 who wrote (49238)7/27/2001 7:33:43 PM
From: Milan ShahRead Replies (2) | Respond to of 275872
 
http://biz.yahoo.com/t/a/amd.html ...Hopefully the foregoing will list the recent insider AMD transactions...Don't know if I'm alone, but it seems like a bit of a sham from my vantage point...Legalized bank robbery???

There was a news article someone posted in this forum that detailed how for the past 32 years, Sanders has managed to do exactly this - take the stock down into the depths of despair, get the board to allocate him a boatload of options, then pull the company up by the bootstraps, at which point he cashes in and then plunges the company down again.

If you think about it, this is a much more reliable way for him to make money, than to try and build a company that keeps going straight up. A company that keeps going straight up eventually gets overvalued, falls, and is too large to recover.

Lesson is to sell with the execs. Of course, if you are holding the bag like I am, just take a deep breath and hold it until the next cycle.

Milan