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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: Fred Fahmy who wrote (53423)3/24/1999 9:10:00 PM
From: Scumbria  Read Replies (1) | Respond to of 1571061
 
Fred,

You are truly awesome in your abilities. We are lucky to have your wisdom and enlightenment available to us.

Scumbria



To: Fred Fahmy who wrote (53423)3/25/1999 2:40:00 AM
From: Mani1  Read Replies (2) | Respond to of 1571061
 
Fred,

You may have been right on your past predictions, but be advised that past performance is not an indication for future results. The biggest fool is the one who thinks he knows something he doesn't.

Arguing that stocks like AAPL, MU, AMD and IOM should not be a core holding of a portfolio focused on long term result is valid, but stating AMD is only a stocks for "traders and suckers" is simply wrong. AMD has the potential to continue to gain market share and be very profitable, although this scenario may not be very likely but it is a possibility. Since this possibility exist the argument should be at what price AMD's stock represent an investment value.

You are wrong if you think AMD has no chance for long term success and under no pricing condition represents a long term investment value. You do not know how AMD's yield will be with K6-III in couple of months or K7 yields in 6 months. There are many indications that they will not be good, but no one knows for fact.

I for one think that risk/reward ratio is favorable, I thought so at $22/share and I still do.

Mani