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


To: Neil Booth who wrote (59375)10/19/2001 6:14:37 PM
From: Gopher BrokeRespond to of 275872
 
If you think about it, in the current economic climate, any partisan analyst is going to score five stars in the stock that he hates most. It is a no brainer that Asshok heads the AMD list. He probably comes near the bottom of the Intel list - anyone confirm that?



To: Neil Booth who wrote (59375)10/19/2001 11:28:44 PM
From: jcholewaRespond to of 275872
 
> Funny, I recall Assholl saying, about 12 months
> ago, that INTC had fallen way too much at $56
> and that it was a screaming buy, but that AMD
> was roadkill....

Ashok said, if I recall correctly, that Intel was a "hold" but a "trading buy". This was the worst call he could have possibly made, as Intel dropped by staggering amounts the next week and has not yet recovered.

Ashok also has a spotty record with AMD. Last year or very early this year, I think, he had AMD at a fairly low rating with a fairly low target price, and AMD went up substantially. He then (when AMD was near its peak) upgraded AMD and later was given credit for seeing AMD's impending rise in stock price.

Ashok has a very clear bias. He is the Jerry Sanders of the analyst world. He very much enjoys making quips about how horribly AMD is executing, and he shows a very clear bias. It is possible that his past employment at Intel may have influenced his opinion of Intel's competition.

He has also gone into trouble elsewhere. He apparently changed his ratings on e-machines based on political decisions (they refused to allow him to underwrite something of theirs), not actual market analysis.

There are many people with many different opinions and views whom I respect. Ashok is furthest from, and I would even go so far as to have little respect for those who hold him in high esteem.