Advanced Micro Devices Inc (AMD)

[bobs10]

Second, Bobs claimed to have invested in AMD when they were worth $3 split-adjusted. The last time AMD was worth under $10 pre-split was in August, 1992. Yeah, the rate of return would be pretty nice if it were purchased at this price, but the return per year would be pretty poor if you compared that vs. buying at $15 fairly recently.


Me...

As usual you've got things completly screwed up. What I said was that my buyin price was somewhere between $4 and $6 split adjusted. And no that doesn't mean I bought between $8 and $12, it's more complicated than that. Further I said that was an estimate because I've made too many trades and for most of my accounts keeping an accurate basis isn't necessary. Only you would interpret that to mean I bought at $3. Unlike you I claim no devine invervention.

So yes, as best I can figure it, without doing a lot of work, I have between a 4 and 6 bagger with my AMD investment. Last I checked that was a lot better than I would have done if I'd stayed with INTC, but CDs have probably done better than INTC during that period .