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


To: TGPTNDR who wrote (59306)5/23/1999 12:21:00 PM
From: DRBES  Read Replies (2) | Respond to of 1572748
 
re: "You're telling ME? -- I've been looking to buy into a dip in this stock since before the earnings announcement."

I really think that the very conservative upside to this stock is $40. This is not a target. The target that I set moves as events unfold. The real genuine upside possibility is somewhere between $100 and $1000 over the next several years. A great deal depends on future events over which we have (and I might add AMD has) no control. The real downside is genuinely zero. My thinking on these issues are to be found in my history of posts that go back to 1/97. What is clear to me is that using the AMD common as a trading vehicle will lead to potentially huge missed opportunities. As Warren Buffet says "buy what you can see". I see "K" based processors every place that I go. (W.B. also will not buy technology because he say that he does not understand them.) If you believe that you do, buy this one, regardless of the price and then put it away and forget about selling it unless something fundamental tells you it is time to sell. Otherwise just hang onto it for the long term. In Warren Buffet's universe that can be for decades.

Regards,

DARBES