Investing in ATI a good Idea???help please wifes on my back

[AnMig]

First of all I have no time or the know how to determine what mutual fund or stock to choose. We have mainly relied on our small town bank investment guy.
As expected most of our stuff depreciated from last year and we have some extra $6000 to invest.

Bank guy wants us to buy more of the funds we had earlier purchased and does not want us to put it in CD's.

Now I figure the only thing I know little about is computers since its my hobby and I am here at AT most of the time even when I am working. My wife want s me to decide where to put the extra money.

What are your thoughts in putting money on ATI or Nvidia. When I brought the idea to our banker he showed me the previous 5 year performance of ATI and wasnt to impressed.

Isnt the video card market sort of breaking in to new stuff lately particularly ATI

A little nay or yes go for it is all I need

thanks

 

[FuzzyBee]

JMHO, but ATI seems to:
1) Make stupid decisions
2) Always end up a step behind Nvidia

However, didn't they work on the DX9 standard with Microsoft? Things could be looking up for them.

 

[Mr.IncrediblyBored]

Originally posted by: fuzzy bee
JMHO, but ATI seems to:
1) Make stupid decisions

Such as?

2) Always end up a step behind Nvidia

The R300 generation of products from ATi is quite a several steps ahead of the Geforce4 generation and will be available for about 4-5 months before the NV30.

With that said, the semiconductor industry is quite volatile. A bad product or missed product cycle can reap serious hazard on revenues, especially when you aren't on top like nVidia. ATi has had a string a good luck recently, but so it might be a good time to buy into ATYT.

Are you gambling man?

 

[CPA]

Originally posted by: AnMig
First of all I have no time or the know how to determine what mutual fund or stock to choose. We have mainly relied on our small town bank investment guy.
As expected most of our stuff depreciated from last year and we have some extra $6000 to invest.

Bank guy wants us to buy more of the funds we had earlier purchased and does not want us to put it in CD's.

Now I figure the only thing I know little about is computers since its my hobby and I am here at AT most of the time even when I am working. My wife want s me to decide where to put the extra money.

What are your thoughts in putting money on ATI or Nvidia. When I brought the idea to our banker he showed me the previous 5 year performance of ATI and wasnt to impressed.

Isnt the video card market sort of breaking in to new stuff lately particularly ATI

A little nay or yes go for it is all I need

thanks

Instead of something risky, why don't you put it into one of the Dow 30 stocks. These are your mainstays of the economy and will earn a steady rate, as well as a dividend. Split it amongst a couple and let it ride.

 

[DaveSimmons]

QQQ is the nasdaq index stock, probably much safer to buy it than any one tech company.
Vanguard VFINX is a very good S&P 500 index mutual fund, also much safer than betting on one company. (www.vanguard.com)

www.fool.com has a bunch of content for educating yourself so you don't have to rely on your banker guy, who may be giving advice to earn him/the bank sales fees rather than to make you the best choices.

Bank guy wants us to buy more of the funds we had earlier purchased

this might actually be good advice depending on the funds -- buy now while the market is still down, before everyone jumps back into stocks again. If you wait until the funds climb back up, you'll miss out on some nice gains.

You should list the mutual funds you have now, some or all of them might be good ones.

 

[FuzzyBee]

Such as?

it seems to me that they put a whole lot of eggs into the x-box basket,for instance. of course, i could be wrong.

don't take me the wrong way - i'm not an nvidia fanboy. in fact, i have both a nvidia and an ati in my computer. looking at it from my perspective, though, nvidia (1) gets more press and (2) has better drivers.

I know that those are both merely opinions, but I'd be willing to bet that a lot of the general public shares them. general thought can go along way towards a company's success - i.e., the general thought that a retail store's employees give a darn about their customer's needs cause ignorant masses to buy computers recommended to them by compusa staff

 

[Glitchny]

what eggs of ATI's are in the xbox basket? nvidia made the xbox core not ati... i dont get that comment

glitch

 

[AnMig]

"Are you gambling man"

Actually yes that was before I started losing


Is this good stock to buy and forget for 3-4 years? I do not have the know how to pull and re-invest stocks as the market fluctuates and from the minimal reading I did long time ago before I had a serios headache this was a bad idea anyway.

I figure do I let this bank guy decide where to put my money or do I put it in a stock I know something about.
Franky I think he is putting my money where the bank has some stock. As you can see I have lost confidence in him. In all fairness the crash probably was not his fault.

Do we have a AT member who gives free unattached advice on these things.

to tally up
# 2 dont do it
#1 might be okay

lets put it this way if it was your money and have no immediate use for it will you do it?

 

[Mr.IncrediblyBored]

Originally posted by: Glitchny
what eggs of ATI's are in the xbox basket? nvidia made the xbox core not ati... i dont get that comment

glitch

Ditto.

What role did ATi play with the Xbox?

 

[CPA]

Originally posted by: AnMig
"Are you gambling man"

Actually yes that was before I started losing


Is this good stock to buy and forget for 3-4 years? I do not have the know how to pull and re-invest stocks as the market fluctuates and from the minimal reading I did long time ago before I had a serios headache this was a bad idea anyway.

I figure do I let this bank guy decide where to put my money or do I put it in a stock I know something about.
Franky I think he is putting my money where the bank has some stock. As you can see I have lost confidence in him. In all fairness the crash probably was not his fault.

Do we have a AT member who gives free unattached advice on these things.

to tally up
# 2 dont do it
#1 might be okay

lets put it this way if it was your money and have no immediate use for it will you do it?

Did you read my response? That is what I would do with it.

 

[FuzzyBee]

what eggs of ATI's are in the xbox basket?

weren't they begging and pleading to make the chipset for it?

I could be wrong, though. i'm big enough to admit it.

 

[Gibson486]

I have ATI stock, and well, it doesn't do a thing. Once and a while, teh stocks hits $12 (this was 2 years ago), but now it just stays around $6-$7. It has been doign trhis for a year and a half. I don't think ATI stock is really worth buying unfortunatelt. ATI is under investigation currently for insider trading, which in turn lowered teh stock around .50. Also, in teh curretn market situation, it seems that ATI is loosing market share. Even with the release of the mobility 9000, we have yet to see it in notebooks that are sold on the shelves of Best Buy, CC, or CompUSA.

 

[AnMig]

"QQQ is the nasdaq index stock, probably much safer to buy it than any one tech company.
Vanguard VFINX is a very good S&P 500 index mutual fund, also much safer than betting on one company. (www.vanguard.com)"

thanks exactly the kind of stuff I need to hear
will look these up and see if my bank guy has these funds available.

thanks for advice guys, as you can see I am not really into this stock stuff and would rather pick a good stock and check on it on a yearly basis.

keep the advice comming

its nice to get advice from people who have nothing to lose or gain from the advice

 

[OulOat]

Originally posted by: guapo337
toilet paper is. toilet paper always will be.

That is, until they invent a laser a$$ scrubber.

 

[tbates757]

If I had the money I would definately invest in ATi, nvidia, and AMD. I have been tracking them and they have performed well over the last few months (espcially in october :Q)

 

[DaveSimmons]

Originally posted by: tbates757
If I had the money I would definately invest in ATi, nvidia, and AMD. I have been tracking them and they have performed well over the last few months (espcially in october :Q)

But would you be investing short term, trying to time when to sell, or for long term?

If you're buying to hold long-term and not monitoring your stocks week-to-week, a collection of stocks in a mutual fund is a better and safer choice for most people.

 

[UberDave]

you know nvidia is going to buy ATI


edit: i'm just jozzlin ya. ( i own nvidia stock after their downfall and looking to get bumped up with the release of N30 or whatever )

 

[rpc64]

Just an FYI, ATI does the graphics for Gamecube.

 

[thomsbrain]

Originally posted by: fuzzy bee

what eggs of ATI's are in the xbox basket?

weren't they begging and pleading to make the chipset for it?

I could be wrong, though. i'm big enough to admit it.

i think you got it confused with the Gamecube, which IIRC was ATI-based.

 

[Kaervak]

Originally posted by: rpc64
Just an FYI, ATI does the graphics for Gamecube.

Technically. ATi Bought the company that originally was setup to do the GC graphics. ATi went with the original deal and stuck a ATi Logo on the GC's. I the original company that was setup to do the GC GPU's was ArtX.

 

[stam01]

i bought some atyt shares in july right after a big plummet, little less than $7 a share. the majority of my 'investing' money however, is invested in non-tech stocks. i just bought a few shares because i thought it was a nice low price, and i was also betting on the success of the radeon 9700s, etc. over nvidia in the short term.

frankly, the stock hasn't done a whole lot- it went down to like $4 in october, and got as high as $8 at the end of nov. however, it's basically right back at the price i bought it at. i was betting on some short term boosts from the 9700s, maybe with the christmas season coming up, but beyond that, nvidia's soon-to-be released products will begin to challenge ATI again quite soon. here's hoping that sales from the christmas season, and gamecube sales will help drive their stock up some- in the short term. long term, well i dunno... it's pretty murky.

 

[Dudd]

So let me get this straight- Your "bank guy" wants you to put some money in the stock market. You don't really want to care- all you want is to make a one time purchase, then leave it alone for a few years. And ATI is the first thing that came to mind? I don't know about you, but I wouldn't put my money in an industry in which one or two product cycles can make or break a company. If I just want to sit back and let my money do its thing, I'd invest in some sort of index based mutual fund, S&P 500 or something. Instant diversification, and while ATI might hit a downturn, I'd be willing to bet on the US economy over the course of 5-10 years.

 

[Rudee]

Originally posted by: CPA

Originally posted by: AnMig
First of all I have no time or the know how to determine what mutual fund or stock to choose. We have mainly relied on our small town bank investment guy.
As expected most of our stuff depreciated from last year and we have some extra $6000 to invest.

Bank guy wants us to buy more of the funds we had earlier purchased and does not want us to put it in CD's.

Now I figure the only thing I know little about is computers since its my hobby and I am here at AT most of the time even when I am working. My wife want s me to decide where to put the extra money.

What are your thoughts in putting money on ATI or Nvidia. When I brought the idea to our banker he showed me the previous 5 year performance of ATI and wasnt to impressed.

Isnt the video card market sort of breaking in to new stuff lately particularly ATI

A little nay or yes go for it is all I need

thanks

Instead of something risky, why don't you put it into one of the Dow 30 stocks. These are your mainstays of the economy and will earn a steady rate, as well as a dividend. Split it amongst a couple and let it ride.

Investing directly in the Dow? Terrible, terrible advise.

 

[kranky]

I hope you didn't jump into ATI, as it dropped 22% today. Why? Their earnings were 3 cents per share when people expected it to be 4 cents per share. And, there's an investigation into some insider trading allegations by the Ontario Securities Commission. At the same time, their revenue went up 35% from the previous quarter.

But you could make a good argument that ATI is the same company today as it was yesterday, yet the value of their stock went down 22%. The point is that companies like these can dramatically change in value without a really concrete reason, and therefore the risk can be very high.