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


To: Biomaven who wrote (123754)6/15/2004 9:52:39 AM
From: DRBESRespond to of 275872
 
There are some stocks out there that you buy and buy and buy and then you hold and hold and hold. At least, I do.



To: Biomaven who wrote (123754)6/15/2004 10:44:53 AM
From: Dan3Read Replies (1) | Respond to of 275872
 
Re: Comments?

Buy AMD !!

(who am I to rock the boat?)

:-)

Seriously, the problem with the two stocks is that AMD has a small float, and gets jerked up and down by institutional buys made for extraneous reasons, and Intel has a gigantic float, and is often traded as a proxy for the whole sector, so that predicting short term movements in either stock can be very hard (it's often some portfolio managers non AMD/Intel specific goal that moves these stocks).

Long term, AMD looks like it will to VERY well, but short term?

And Intel has so much of the market capacity, that it will do pretty well (short term), and perhaps even very well, regardless of how much better AMD is doing.

If the overall market slows down, Intel will do badly, regardless of how AMD is doing.

So all that's left is "Buy AMD!" or stay away from these stocks because they're too volatile for many risk averse investors.



To: Biomaven who wrote (123754)6/15/2004 12:53:47 PM
From: Joe NYCRead Replies (1) | Respond to of 275872
 
Peter,

Part of the reason AMD is attractive is because it seems that the PC buying cycle is still in the uptrend, that may continue another 18 months. Intel is going to benefit from it, even if rate of growth of AMD exceeds Intel's. So I would not be shorting Intel here. BTW, Intel just recently narrowed their guidance upwards in the worst quarter of the year. Rising tide will rise all the boats.

Joe