Advanced Micro Devices Inc (AMD)

[DARBES]

FWIW, i do not believe that i am at all relatively bullish though i am bullish on AMD. During the early eighties, when i made a brief career excursion into being a securities analyst (not an ANALyst) i was criticised for not liking most (actually almost all of them) stocks. My early report on Cray Research was the only SELL on the street. Cray advanced over 200% after my odd logic based report which did prove to be correct as history bore out much of what was in that report. Anthem Electronics, one of my few BUYs, grew over 2000% before it was acquired by Arrow. I remember that whenever iu tried to peddle its shares to my firms institutional clients, they would criticize the choice as not having a large enough market cap and that a meaningful position could not be taken. My only good response was that any position taken would eventually yurn out to be meaningful...HO HUM.

Several years ago, when AMD shares were trading for around $5 and below, i took the biggest chunks of my position and posted on SI that it seemed to me to be the best investment that i had recognized in over 30 years of investment experience. i posted that it appeared to have the potential to appreciate over 20,000% in five to ten years. i also posted that attempting to play the swings would probably prove to be folly as it held the risk of missing the biggest moves.

All that seems to have occurred since then is that some of what i was looking for is being born out.

ALSO, AMD may now be in transition from being a Wall Street "DOG" into becoming a Wall Street "DARLING". If i am correct, selling the stock because "IT IS GOING UP TOO MUCH !!!!" is going to prove to be EXTREMELY STUUUUUPID !

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yust my thoughts