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


To: tejek who wrote (77652)4/18/2002 1:44:10 PM
From: 5dave22Read Replies (1) | Respond to of 275872
 
Hey Ted, I have plenty of non-tech now. I am heavily loaded in company stock (remember when I told you to buy CAO at $3, we're now at $12). Prior to my start here, I spent seven years at OMC agencies. They have saved my ass. I was in a ESPP plan which has far more than covered any losses over the last two years. We took my wife's savings and put them mostly into non-tech mutual funds, which have done ok. (they haven't lost money)

Right now I only have about $15K in AMD, and I was thinking of putting about the same into INTC. I made a good chunk on INTC over the last couple of years playing the $25-$32 range, and I think they could move into a higher range, now that so many people are down on AMD. I don't really like INTC, but I like money.

After some thought this morning though, I think I'll hold off of INTC, until I can get it in the high $20's. It'll probably happen since it's still earnings season.

Dave

ps - are the M's going to break their own record from last year???



To: tejek who wrote (77652)4/18/2002 3:14:38 PM
From: Joe NYCRead Replies (2) | Respond to of 275872
 
Ted,

I think we need to have a meeting about the atrocious performance of Team Ted. I think changes in top management will be necessary.

The bottom line is that the talent we have acquired has no talent. It is obvious that the Good Will on the books associated with these acquisitions is substantially impaired, and one time charge, reflecting this impairment will have to be charged against the next quarterly earnings.

Joe