Advanced Micro Devices Inc (AMD)

[rupert]

Prudent Speculator recommends AMD

____________________________________

A Washington Post article includes the following passage:


Bet on America

By James K. Glassman
Sunday, March 14, 2004; Page F01


"Today, my suspicion is that too many Americans hold too few tech stocks, especially the large-caps that were pummeled in the years after the bubble burst. Technology represents 15 to 20 percent of the economy. If you have sworn off tech because of what happened between 2000 and 2002, you're making a big mistake. It's unlikely that the Nasdaq will rise 50 percent this year, the way it did in 2003, but technology is here to stay. In fact, companies that survived the bust are stronger than ever, with much more powerful market positions since their weakling competitors have gone broke.

John Buckingham, editor of the Prudent Speculator, the top-performing stock-picking newsletter over the past 10 years, is currently recommending Advanced Micro Devices Inc. (AMD), which has more than quadrupled since late 1992 but is still down by two-thirds from its high; Apple Computer Inc. (AAPL), whose new retail stores appear to be a major success; and money-losing 3Com Corp. (COMS), which makes voice and data networking products and just entered into an important joint venture in China

http://www.washingtonpost.com/wp-dyn/articles/A55045-2004Mar13.html

Registration required