Well, it's all over now -- apparently we're all winners

[George Macdonald]

I've been looking at AMD as a long-term keeper, one of those stocks that
you keep for decades while it balloons. Somewhat like Intel was if you
bought it in the 80's and kept it at least to the 90's. If AMD can
duplicate Intel's growth during the 90's, there's no point in selling
anything, it'll all come back and make you money once again.

For some stocks, Dotcom-to-Dotbomb marked the end of their relevance
(Lucent, Nortel, JDS Uniphase, etc.) they'll never get back to their
Dotcom prices, except in a few decades when just the normal flow of
inflation might bring them back. AMD has already come back and started
to approach its Dotcom peak, which I think was $48.75 (pre-split $97.50).

I can't see what can stop them if they stay focussed - they're biggest
problem is going to be hubris. Mind you they need to do something about
their Web site which is a bloody disaster. Have you ever tried to file a
Tech Support request?... so frustrating. If you're going to sell boxed
processors, you need to do it right! They managed to cover up the mess
with the FIA poll -- I assume you took part in that, or tried to anyway --
which was an insult to F1 fans. Dunno how they managed to *so*
underestimate the load.

I see there's a NASCAR branded PC now - that'll be an interesting "result"
one way or the other.

As for the other companies, Lucent is a dead duck IMO. It makes me mad the
number of viable companies they took over and turned into shit. It dates
back to the AT&T days with NCR, who fortunately managed to get spun off
again but it came awfully close to extinction. One of the outstanding
****-ups was Livingston, who made great routers, were hitting a booming
market point and were coming on strong. It's amazing that a company which
has Murray Hill labs as a center of technical excellence can be so
incompetent at actually producing anything.

It's not surprising investment stock letters thought it was worthless
company. The whole of Wall Street thought that way. It's best
demonstrated by Jim Cramer who just a few months ago was making fun of
AMD's lawsuit against Intel, saying it's a sign of sure desperation, and
that if AMD could compete it would but obviously it can't so it's suing.
The spineless twit has made a complete turnaround and is showing signs
of finally understanding that AMD has truly turned the tables on Intel.
I posted his turnaround column in AISA a couple of weeks back; he's now
of the opinion that Intel "is no longer best of breed"! Everything he's
saying now, was already completely obvious to me about three years back,
he's just now discovering it. Twit!

Google Groups : alt.invest.stocks.amd
http://groups.google.com/group/alt....5f04d7/fa4bc3be3c37b26f?#doc_2e184edd060fd5d9

Interesting. "The place, long run by the smartest Ph.D.'s in the world,
now seems to be run by salesmen." Hmm, it took him a while to figure that
one out - we've been saying it here for years. Even Barrett, who is said
to have a tech background came across like a shoe salesman in his
presentations. I figure Otellini will be out in a year. Hmm, do they make
marketing types "fellows"?