Advanced Micro Devices Inc (AMD)

[bobs10]

We're just starting the 5th year, let’s see what happens. I will give you that AMD has never come close to 30% market share, yet AMD still has had periods where it was extremely profitable.

AMD did very well for awhile before they started running into production problems. This has always been AMDs’ Achilles heel, at least until they got in bed with IBM.

If you had sold at anywhere near $45 post split and bought in at anywhere near $3 you wouldn't be here talking to me. Actually, I was selling and buying back all the way down because I expected a typical correction and didn't want to miss the usual 3 month, 30% rebound that was typical of corrections in the 90's. I got faked out because AMD, like a lot of other techs, fell 80+% instead of the usual 50% to 60%. Still I can't complain, I doubled the number of shares I had in the stock split and doubled them again by repeated selling and buying back as the stock tumbled. So for me AMD has been fabulously profitable and the best is yet to come. As the saying goes there's more than one way to skin a cat.

You might find it enlightening to go to Yahoo and compare stock prices on INTC and AMD for every period up to and including 5 years. Funny how Mr. Market seems to see something in AMD that makes it more valuable than the company with the monopoly.