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Re: spokeshave post# 879

Wednesday, 09/25/2002 2:16:34 PM

Wednesday, September 25, 2002 2:16:34 PM

Post# of 151805
You just don't get it, do you? In order to maintain its position, AMD has had to sell off assets, shut plants and bet the farm, all to LOSE a whole bunch of money.

There IS no reasonable belief that with a tighter money market in the future, they will be able to continue to borrow to stay in business.

This profit thingy, well that's the way businesses are unemotionally analyzed, without the rah rah mine is bigger than yours is thingy.

Companies that make money are good and they go up and down and up; companies that don't make money go up and down and down.

The understanding of this sort of thingy is how good investors make money and is also called capital allocation. Those that prefer to post eloquently are called "losers".

The stock price follows the value of the company not the reverse, and those that consitantly talk about short term movements, unless they are refering to capital generation, are better off buying bonds, don't you agree?

:))

bucko?

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