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Technology Stocks : Intel Corporation (INTC) -- Ignore unavailable to you. Want to Upgrade?


To: Bob Kim who wrote (164192)4/18/2002 11:19:23 AM
From: Road Walker  Respond to of 186894
 
Bob,

re: Remember that Merrill lowered AMD's risk rating to a "D" yesterday. Henry Blodget once said that "D" means the stock "could go to zero".

It's always been interesting to me that these guys get credit for yesterdays closing price on their downgrades. So on AMD, they are already right to the tune of 14% (at the moment).

John



To: Bob Kim who wrote (164192)4/18/2002 11:44:32 AM
From: fingolfen  Read Replies (1) | Respond to of 186894
 
Remember that Merrill lowered AMD's risk rating to a "D" yesterday. Henry Blodget once said that "D" means the stock "could go to zero".

What reasoning did they give for lowering the risk rating that far? I know AMD is facing some hurdles, but nothing I've seen is "life threatening" at this point... unless they know something not public...



To: Bob Kim who wrote (164192)4/18/2002 11:59:18 AM
From: willcousa  Read Replies (1) | Respond to of 186894
 
Bob Stovall used to talk about a technique he called the "competitive hedge". An example would be to buy an amout of intel and short an equal amount of amd figuring that whichever way the market goes the two stocks have to diverge.