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

To: wanna_bmw who wrote (77401)	4/17/2002 2:34:46 PM
From: that_crazy_doug	Read Replies (1) \| Respond to of 275872

<< Sorry to say so, too. It makes me look like a bastard for pointing it out. But as long as you see Intel as the Great Satan Clara Corporation, you'll continue to make bad investments - in AMD and other Intel competitors, partners, etc. >> I happen to agree with Pravin in his estimation of Intel as a consumer. I think intel does some horrible things for consumers, and if it weren't for AMD, I think they'd still be selling chips for $800 a pop, they wouldn't have pushed the envelope nearly as far as they have, and I'd be paying $300 bucks for rambus memory. That being said, making investing decisions based on what's good for you as a consumer isn't always a great idea. I can say I've made this mistake with AMD before. I turned $100,000 into $1,000,000 back into $400,000. I'm lucky I got wise because had I waited until now to sell I would have turned it back into $150,000. (my value declined and grew sharply because of heavy use of options). I still did well, and selling at the top is unreasonable, but the writing was on the wall by the time things dropped to $800,000. In the end, I was still $300,000 richer, and I can't complain considering this all happened over a 2 year period, but I learned a valuable less in the meantime, and I hope that other people can learn it in an easier way. If you have an emotional stake in a company, be real careful with your investments. It's easy to root for AMD because they're the underdog, but the underdog usually loses, that's why they're the underdog.