Intel Corp (INTC)

[facsnotfiction]

Elmer
What everyone must realize is that neither AMD or Intel is a growth stock any more. Intel stock price is more stable while AMD's can fluctuate significantly. I at this point just view AMD as a short term play. That means buying in the late summer time and selling in early December. AMD's problem is they are too dependant on Flash which makes them much more vulnerable than Intel. To be honest I no longer believe in buy and hold with any stock. The reason for that is everything happens in an instant nowadays. It's hard to find the next Microsoft because stocks come public at much higher prices, and are often run up to exorbitant levels on the first day of trading. I know I felt good this morning knowing I was not in AMD when I heard the news. But if sentiment improves I will probably be back in the stock this fall to enjoy the Xmas run-up. I will also be interested to see the change in the short position, as well as insider trading in AMD the next time that information is released. I will bet that short interest will be at least 60 million up from under 40 million in Mid November. I also bet that more AMD insiders sold after 11/15/04. Have a happy New Year and happy trading.