Intel Corp (INTC)

[DewDiligence]

>> AMD has some steep swings due to how investors react to the hype. There is nothing wrong with taking advantage of that. <<

Nothing wrong with trying to make money in the stock of a bad company – I do it a lot. (No, I don’t mean TMTA.) My previous point was that debt-laden companies, by virtue of their financial leverage, can drop to near zero in a hurry if investors bid down the implied value of the enterprise itself. When you combine high operating leverage (high fixed costs) with high financial leverage (high debt relative to enterprise value), you get a multiplicative effect which creates enormous volatility.

>> I am also continuing to monitor TSM, as you suggested to me one time. But having said that I don't think right now is a good time to invest in anything. <<

I agree that it’s too soon to buy TSM. But despite the sickly broad market, I am fully invested, including a large allocation in tech and biotech. As a “bottom-up” investor, I find stocks which I consider worth owning (or shorting) regardless of the “macro” environment. FWIW. Dew