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AMD stock

AmdEmAll

Diamond Member
I have 50 shares of AMD stock. I bought it at $35 a share. Who else owns AMD stock and is mad that it is getting lower and lower? I think its $15 now. What is going on here?!

Here is a good article thats kindof about it. LINK
 
Don't worry wait a while, it will go back up once the P4 is realized as a horrible processor. That will cause more people to buy AMD processors making the stock go up. I wouldn't worry. They're releasing their new processor sometime early next year too.
 
Every high-tech stock has plummeted in the last two months. Yahoo, HP, Intel, Dell, and AMD. For the last 5 years the high-tech stocks have rocketed upwards, and now they are plummeting back down again. I really hate to say it, but if you bought at $35, then you pretty much bought at the peak.

As to being upset... if you have faith in the company, then just wait. Their P/E is less than 6 right now, and their growth is solid so far. And if you don't have faith, then sell now and bought long-term treasury bonds (the latest fad in Forbes and Business Week).

Unfortunately, the days of just buying a high-tech stock and watching it go up and up are probably over for a little while. The stock market is a gamble and we are all losing money right now.

Intel warned for Q4 tonight, so tomorrow is going to suck for both INTC and for AMD. I'd expect Intel to drop below $30 tomorrow and AMD to drop below $14.
 
Wouldnt Intels bad news be good for AMD? I dont understand that. And yes I have lots of faith in AMD and i have there stock for the long term.
 
actually something happen in this world we don't know
because intel bad news is actually AMD bad new too so some reason
because when Intel has disappoint with it's europe sales, their stock went down. so is amd stock. even know amd is doing fine on europe sales
 
I bought 100 shares of AMD at about $24/share. This was before they came close to $100 and split. I could sell now and still make a small profit, but I am going to hang onto it. AMD has established the Athlon as a high end processor. They have gained much market share. They are just now moving into other lucrative areas. VIA just recently released an integrated chipset for budget computers. This will help duron sales in budget computers. They are also moving into teh mobile and workstation/server market with the new mobile duron, and their new multiprocessor chipsets. Give them time. AMD has only been getting their act together for a year now. As they move into more markets, and prove that they can meet, and beat, earnings consistently, their stock will go up. Also to AMDEmAll, if you bought them at $35, you have not had them that long. I haven't even had my stock for a year. Here's a few words of advice.

1.Do not talk about fight club.
2. If you hold your stocks for at least a year you have lower capital gains tax.
3. The most important thing is be patient. You are not going to do well in the stock market with your attitude. I bought best buy stock a few years ago when I worked with them on a whim. Held onto it through slow periods, and wham it took off. Almost tripled my money in it. I am fairly certain that the stock price will turn around as AMD moves into other markets.
 
Yeah I know I havent had the stock very long, but I just expected it to either stay around where I bought it or to go much higher. Believe me I have a lot of patience. I waited over a year with Comcrap stock and I finally ended up making $50 on it. It stayed at between $20 and $40 for the whole time I had it. I do think that AMD will still continue to be successful and continue to big down the big giant Intel. I was just a little frustrated with the current market, but im sure everyone is and I should be happy I dont have some of the stocks that went down like 90%, etc.
 
I'm pissed too. I bought AMD stock on my InvestSmart Stock Market Game and hoping that w/the release of DDR it would go up but it's just dropping like made. O'well at least I'm not losing REAL money.
 
the falling price of AMD shares is not an AMD specific issue. The US economy is slowing down and the tech sector has been hit pretty hard. The days of investor exuberance are pretty much gone.
 
LOL, at school in my Finance class im playing a game like that. My group bought like 300 shares of AMD at 30. Lets just say were one of the last ranked groups...
 
Well, my take..

AMD PE is not so bad, they HAVE NOT WARN like intel.

The PC Sector is supposely "dead" money for another year, best guess for a come back is around June.

Interest rate should be going down for a slow economy in about 1.5 -3 month. Effects won't hit for another 2-3 month.

All the Dot Com will start to come back in Q2-Q3. Increase in computer requirements. Dual AMD will be established well enough by then. AMD will continue to take market shares till P4 goes Dual!


Things to consider. with the slowing market.. business, etc.

Cisco may WARN thus driving the market down futher. they MAY, it's a 50% chance.

other major company also may warn. GE may also warn.

So it's basically "DEAD" mony for now till summer. If you have cash, 15 bucks is still cheap, I trade capture some gamma daily, but for long term, I would double my holding in both AMD & INTC, price has been beaten down so much, but target for INTC is 40, which is down from 75+

So you might as well save your money or trade the gammas till Q2 2001 when business starts up and demand recovers..


EDIT: BTW AMD is associated by intel's failures.. so guilt by association.. AMD can have the best things in the world, but they'll just get downgraded when INTC drops..
 
Guess I was wrong about AMD and INTC's performance today - neither went down, and both went up quite a bit. Oh well, guess I should stick to making chips.
 
I also have amd, bought it @ 31. Since then everything has been down hill. I've lost quite a bit of money, so have my mother and aunt. In general the tech sector is doing horrible, while a few stocks on the nyse are doing good even though they are reporting losses.
 
I bought at 32 and 30. Sold at ~16 last week. I think Intel will miss Q4 targets, as will HP, IBM, and some others big ones like Cisco. This will cause a continued market tumble for a few months I fear (which is why I closed my AMD position). I think things will start looking up around June (as someone else said).

I may re-invest after the new year depending on how things look late in Q1.

Intrest rate cuts in the US should propel the market back up after one or two cuts. The entire economy is pretty slow right now and investor confidence is down.

As for todays market, if it were not for the FED hinting that it will lower interest rates, Intel's warning would have killed the market. I don't think the announcements were a coincidence.
 
This is all my opinion, so democrats don't get pissed at me:

The economic health/strength of the U.S. follows about 5-10 years behind the economic policy of the administration in power; this is an understood fact in economic circles. It is true that the economy can be controlled to small degree by adjusting the interest rates, etc. But long term health of the business/technology sector is dependent upon taxation and government spending. With that in mind let quickly run over the last 20 years of econ starting with Regan in 1980:

- (1980-1988) Regan cuts business taxes and ups gov. spending, especially in millitary. Gives the rich there money back. Companies and rich start saving more money and licking wounds.

- (1988-1992) Bush continues Regan's intiative but raises taxes a little. Meanwhile companies and rich start investing money that Regan saved them into tech fields.

- (1992-2000) Clinton, a wanton womanizer and horrible economist, cuts military spending, increases taxation for people and business; businesses began, increasingly to set up factories in other countries reduce costs. Capital and assets amassed during republican economic policy continues to fuel tech development and investment.

- (2000-2001) Tech boom is ending due to Clinton's economic policy of the past 8 yrs.


Just, think about it. When did companies like Cisco, Microsoft, Intel, 3Com, etc. start or really get moving full steam? In the 1980's and early 90's. These companies are a product of Reganomics, not Clinton. Clinton has cut down the military so small, we couldn't even fight another desert storm if we had to. I know this for a fact because a couple of my friends are in the military or just got out; they all either fly/flew jet or are officers and see al the numbers. Classically, mil. spending is really important to our economy as is the expansion of technology and companies. Regan promoted this, Clinton has done a thing for the economy aside keeping the interest rates stable (BFD).

I know this is somewhat off topic. But days of P/E's of 40, 80, 100 are going away really fast. Under non-"boom" conditions, its takes more than sex appeal to sell stock. Remember Palm? They went up to like 40 bil market value with only about 100-200 mil in revenue based on sex appeal. They are no where near that now and shouldn't be.

Two more things:

- Clinton/Gore are not responsible for the economic prosperity of the 90's, they are responsible for the economic silde that has been happening since about Q499 till now. Regan lit a big fire and it took the democrats a long time to blow it out but now that it's out, our economy will probably continue to slide on the whole unless policy turns around in a hurry.

- I'd still keep AMD. With a P/E of 6 and the products they have now and coming, there going to rise to at least 15-20 P/E. Also another dark horse is Fruit of the Loom, they are in debt right now (Chapter 11) but coming out of debt and they have a 1 bil revenue; and right now, their stock is $0.27 a share. It was $40...you do the math. Can't write all the details but read up on it.
 
pm: The thinking is that the "bad news" had already been priced in to the stock. Indeed, the stock had already had 7-8 significant down days on the heels of the other computer-related companies earlier warnings (Gateway, HP, etc.). And in reality, what Intel has now guided, flat revenue for the quarter vs. 4-8% increase in the previous estimate, is not nearly as bad as what other companies are experiencing (Gateway -38% revenues comp.). CIBC Oppenheimer actually upgraded Intel on Friday, and one of the biggest Intel "bears", Ashok Kumar, is rating it a buy as well.

AMD stock has just not gone down because of Intel. In fact, I think they have been downgraded more times by analysts than Intel has in the recent weeks. They may be facing more of an inventory problem, and their ASP is less than $100, whereas Intel's is ~$200.
 
My dad and I both have AMD and Dell. We, especially he, have lost a bunch of money. My feeling is that it is too low to sell so I will just hang on to them. I think both will go back up, maybe not as high as before. If you have watched the market lately, you will see that the prospect of algore as president, is hurting the market. In fact, here is a quote from CNN from Friday:

"A pair of Florida court rulings favoring George W. Bush pushed stock prices higher. But a late-afternoon decision by the Florida Supreme Court gave new life to Vice President Al Gore's challenge, sending stock index futures sharply lower. Shortly after 4:30 p.m., S&P 500 index futures were trading some 30 points below fair value, implying a sharply lower opening on Monday if things remain as they are today"

So, if this election gets finalized for Bush, hopefully it will improve the market.
 
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