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Wednesday, 08/11/2004 11:23:58 AM

Wednesday, August 11, 2004 11:23:58 AM

Post# of 98413
Looks like most of the "shock" selling is nearing completion. It's getting noticeably harder to find sellers at sub $11 prices. It does look like we're going to get a very down day on large volume though.

CSCO and NSM certainly gave the techs a kick in the balls. In viewing AMD, as an investment, the value of AMD has always been based on AMD's ability to take market share from INTC and on AMD's margins. Even in a down market there will be some stocks that go up. Any stock exceeding market expectations, in such a situation, usually does very well because investors are very hungry for any stock going contrary to the mob.

As AMD investors you have to ask yourself whether you think AMD is taking market share from INTC and what the margins will be. The analysts consensus currently is for AMD to earn $.14 in q3. If AMD is able to earn $.20 that should be good for a nice boost from where we are.

There's a wealth of information available on this board and others concerning AMD. It's just up to the investor to digest that information correctly. AMD is, and will remain, volatile but don’t lose sight of the fundamentals. Despite what it may seem, the world is not ending, at least not today.



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