Advanced Micro Devices Inc (AMD)

[JLS]

IF you wait for AMD to get back to 20s, you're not going to own it.

It's priced like it's a growth company, which it is, so you'll have to adjust your expectations or you'll never own it.

Their main competition is Intel. That could be a problem for AMD it Intel didn't have a new CEO take charge. The CEO that left Intel was also an engineer so he really understood the product, but he's gone now and his replacement came from finance so he doesn't know squat about engineering, and it shows by how far they've gotten behind in technology development.

On the other hand, Micron's CEO is also an engineer. And it doesn't take a rocket scientist to know how to manage finances or to recognize somebody who does now how to do that and is perfectly qualified. So Micron's CEO can spend most of her time focusing on technology development like -- you know -- like Intel's previous CEO could do.

FWIW, I'm all cash at this time.