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bobs10

10/05/05 1:09 PM

#63352 RE: Tenchu #63348

Perhaps one day you can reveal to us what your selling price is.

Me...

I really don't have a selling price. I started buying AMD because the conditions surrounding the company such as the Athlon and fab30 and AMD being basically the only other player in a monopoly market seemed to indicate a lot of room for growth. Still, a very risky proposition given AMD's rather precarious financials at the time.

Since then I've held because AMD has made steady progress towards meeting the criteria for success I set up. At some point things will start to change just as they did at INTC. Hopefully, I'll be able to recognize that point before the heard does or maybe I'll be dead before it happens who knows.

Anyway, the thing is you have to have solid guideposts to measure performance against, at least I do. It's when things don't happen the way you expect that you have to make those buy/sell decisions.