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

To: Scumbria who wrote (59480)	5/24/1999 4:14:00 PM
From: Burt Masnick	Read Replies (1) \| Respond to of 1584744

Scumbria - As I have previously posted to you, Intel had a very sharp runnup to a local peak about 20 months ago - August of 1997. By using that point as your base you can prove any argument you want to make, because you are implying cause and effect. The stock ran up way too fast before that point and couldn't sustain that level. Using that point or the runnup last fall as your starting point for comparisons, is in my opinion, misleading. The very same argument can be made in reverse by using AMD at its various local peaks as a starting point. But it suits your purposes so you continue to use that August 97 and forward time base. If you used a 3 year time base the results are much less supportive of your arguments so you don't use them. Interesting that you feel you have to rely on a fundamentally flawed technique to prove your point. Good investing, Burt