SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: AK2004 who wrote (28781)2/24/1998 6:24:00 PM
From: Reginald Middleton  Read Replies (2) | Respond to of 1573201
 
<Stochastic models are used by everyone nower days. I am sure that you have seen Black-Scholes formula which represents closed form solution of the price for European put/call options assuming simple lognormal stochastic process and simplifying assumptions for term structures.>

Maybe you should look into my site. I design structured products and make extensive use of a wide variety of exotics from binary-barrier to swaptions, 73 functional models of which I have freely offered to the public. Since you did not read my posts, you may have missed the fact that you are way off base when it comes to assuming the discount rate and its implementation. Maybe you have spent too much time in school and not enough in actual practice? Using HJM to come up with the cost of capital, come on now - back to reality.

Since you now you have me making posts lacking in content and rich in insult as well I will refrain, as long as you stop making false claims and attempting to attack those with whom you do not agree with.

<Have you ever run any studies on your own on how stable beta is (or APT factors).>

I am negotiating a book deal on the subject as we discuss this. Have you ever looked into a less theoretical and more realistic method of determing the appropriate discount rate?



To: AK2004 who wrote (28781)2/25/1998 2:52:00 PM
From: James Yu  Read Replies (2) | Respond to of 1573201
 
Albert,
AMD has established an uptrend and it is expected to continue the
uptrend for the short-term. Here is an analysis from VectorVest.

VectorVest Stock Analysis
Stock Analysis of AMD.
AMD is traded on the New York Stock Exchange.
Based on 24-Feb-1998 at $20.70 per share.

VALUE: AMD has a Value of $17.10 per share. Value is the foundation of the VectorVest system. It is a measure of what a stock is currently worth. Value is based upon earnings, earnings growth rate, dividend payments, dividend growth rate, and financial performance. Current interest and inflation rates also play an important role in the computation of Value. When interest and/or inflation rates decrease, Value goes up. When interest rates and inflation increase, Value goes down. Sooner or later a stock's Price and Value always converge.

RT (Relative Timing): AMD has an RT rating of 1.13.
On a scale of 0.00 to 2.00, an RT of 1.13 is good. RT is a fast, responsive, short-term price trend indicator. It analyzes the direction, magnitude, and dynamics of a stock's price behavior over the last 13 weeks; then reflects and projects the short-term price performance of the stock. Once a stock's Price has established a strong trend, it is expected to continue that trend for the short-term. If the trend dissipates, RT will gravitate towards 1.00. Should the price change dramatically, RT will notice the crucial turning point. When warranted, it will explode from a Price low and dive from a Price high. All stocks are rated on a scale of 0.00 to 2.00. If RT is above 1.00, the stock's Price is in an uptrend. Below 1.00, the stock's Price is in a downtrend.

Best wishes

James