AMD and Intel Stock up for > 100% this year, what's going on ?

[jimmyhaha]

I'm the guy who totally missed the move in Intel's shares from $15 to $32, as more than a few readers have been kind enough to point out to me.

http://money.cnn.com/2003/11/19/commentary/bottomline/lashinsky/index.htm

I search for AMD and INTC, and both stock up for > 100% this year, what's going on ?

 

[Zim Hosein]

The market is starting to recover

 

[jimmyhaha]

> The market is starting to recover

I don't see the IT job market recover though... all shift to India ?

 

[FoBoT]

the stock market leads job growth

the stocks are rising on the anticipation of higher profits due to higher future growth

hiring won't happen until later, employment lags the rise of the stock


in theory

 

[fs5]

Originally posted by: FoBoT
the stock market leads job growth

the stocks are rising on the anticipation of higher profits due to higher future growth

hiring won't happen until later, employment lags the rise of the stock


in theory

winnAr!

 

[ReiAyanami]

flash and chips have done a sinusoidal flip

ex: 128mb smartmedia went from $50 a year ago, to $21 6 months ago, to $41 now
chips are moving off the production lines and ASP's are up as AMD phased out the unprofitable duron line (why buy athlon for 50% more when the performace diff is 2%?)

HP beat the street by a penny which bodes well for AMD, since HP carries many of AMD chips unlike dell.

AMD went from having only 6 months of cash left, to practically certain profitabilty now, hence its stock price has jumped in the past 3 months. now they're building another fab in dresden where the unemployment rate is 13%, silly europeans how come the euro so strong...

 

[ReiAyanami]

if u want fast growth and sorta internet exposure, go with etrade, p/e ratio under 15 and priced half that of its competitors: ameritrade and schwab

if u want safety and a big tax free dividend: bank of america pays a whopping 4.3% dividend and p/e ratio 10

or if ur lazy but still want to ride with the big boys, go with Nasdaq aggregate QQQ, its like having a no-load mutual fund

 

[imported_Mike]

Yep, i was going to invest in Intel back when it went as low as $14/share. I kick myself everyday I notice, I think its around 23 right now.

 

[dexvx]

Originally posted by: CheapArse
Yep, i was going to invest in Intel back when it went as low as $14/share. I kick myself everyday I notice, I think its around 23 right now.

Actually, its $32.

 

[m2kewl]

picked up 750 shares of cisco @ $13.21 a while back.

 

[imported_Mike]

Originally posted by: dexvx

Originally posted by: CheapArse
Yep, i was going to invest in Intel back when it went as low as $14/share. I kick myself everyday I notice, I think its around 23 right now.

Actually, its $32.

NOES!!!! *kicks self*