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Nvidia stock plunging hard.

Nvidia is indeed plunging hard.

The next 3dfx? Unlikely.

ATYT is slipping today too, down $1.

Dow is under 10,000 by quite a bit, Nasdaq below 2,000.


As for me turning my fortunes around?

Well, oil won't stay insane forever, Bush won't stay in office forever.

This fall/winter will hopefully bring about higher than expected PC sales (back to school, christmas), a drop in oil prices of course, the end of Bush, and a new Kerry presidency scheduling removal of troops from Iraq.

If I get lucky and all that happens, Nvidia should rebound nicely.

I can't fathom it dropping much more.
 
Nvidia actually saw a slight increase in revenue from Xbox sales, but that's not going to save them. Its a small portion of their business that's going to remain flat/decline for a year or so till Xbox2 when it goes away entirely. ATI got the contract for the Xbox2.
 
and a new Kerry presidency scheduling removal of troops from Iraq.

His stated policy is to keep troops in Iraq and increase the size of our military.

How could you assume what you said from what he says in his speeches?
 
Yeah, but shouldn't NVIDIA be doing well? They are finally rebounding in their core market, video cards. Now may be the time to buy Nvidia. I suspect they are falling with all other PC stocks because IIRC, there was a report that PC sales were way down in june.
 
Originally posted by: amdforever2
a new Kerry presidency scheduling removal of troops from Iraq.


Kerry is not planning nor will he remove troops from Iraq (any sooner than Bush will/would).

What do you base that statement on? the quote in my signature is from the Democratic National Committee web site, the info i could find on Kerry's position on Iraq does not indicate a sudden withdraw of troops as soon as he is sworn into office, this is inaccurate.
 
Originally posted by: So
Yeah, but shouldn't NVIDIA be doing well? They are finally rebounding in their core market, video cards. Now may be the time to buy Nvidia. I suspect they are falling with all other PC stocks because IIRC, there was a report that PC sales were way down in june.

It's such a niche market that it's pretty much a bad investment all-around I'd say.
 
Originally posted by: Ferocious
the next 3dfx?
3dfx lost money for quite a few quarters before eventually liquidating its assets and IP. In addition to that, their last Voodoo products were not competitive enough with nVidia, hence falling revenue and marketshare.

nVidia on the other hand is still turning a profit and they have products that are extremely competitive with ATi.

Comparing the two companies is asinine, and its precisely this type of talk that causes stock prices to plummet. Share value seems directly proportional to public perception. If a company posts flat or below expectations, yet still turning a profit and having a healthy business, their shares fall.
 
I seriously doubt Xbox matters at all.

Looks like this generation Nvidia is winning with speed again in PC graphics. That's going to help. ATI was ahead of them for quite a while I believe.

Also, the more Nvidia expands and diversifies, the better. They make chips that will go into cell phones now, PC chipsets, graphics chipsets.

ATI makes set top boxes and PC graphics. I've never known an ATI PC chipset to be popular like Nforce is.
 
Originally posted by: Amused
and a new Kerry presidency scheduling removal of troops from Iraq.

His stated policy is to keep troops in Iraq and increase the size of our military.

How could you assume what you said from what he says in his speeches?

again, see my sig. Kerry's position is not to suddenly remove troops from Iraq, Amused is correct.

any liberals that think Kerry is going to suddenly remove troops from Iraq is misinformed on the issues.
 
Originally posted by: amdforever2
Nvidia is indeed plunging hard.

The next 3dfx? Unlikely.

ATYT is slipping today too, down $1.

Dow is under 10,000 by quite a bit, Nasdaq below 2,000.


As for me turning my fortunes around?

Well, oil won't stay insane forever, Bush won't stay in office forever.

This fall/winter will hopefully bring about higher than expected PC sales (back to school, christmas), a drop in oil prices of course, the end of Bush, and a new Kerry presidency scheduling removal of troops from Iraq.

If I get lucky and all that happens, Nvidia should rebound nicely.

I can't fathom it dropping much more.

Ahh yes, another idiot blaming his losses on Bush. I suppose if you get a papercut - somehow that's Bush's fault, because of his environmental policies on logging - if it was Gore in office, that paper wouldn't have existed to give you a paper cut :roll:
 
I do not blame Bush for my problems.

However, one thing he certainly could do is get oil out of Iraq so the price comes down from NEAR FIFTY DOLLARS a barrel.

As for what Kerry says, and what really happens, I don't know.


Considering Kerry will probably not be such an asshat to the world, we might get more international troops to relieve some of the burden.

More international help + iraqi oil flowing = good things right?

I dunno.

I'm certainly not an expert and as much as ATOT loves calling me an idiot, I'm certainly learning lessons.
 
Originally posted by: So
Yeah, but shouldn't NVIDIA be doing well? They are finally rebounding in their core market, video cards. Now may be the time to buy Nvidia. I suspect they are falling with all other PC stocks because IIRC, there was a report that PC sales were way down in june.

Intel/AMD are getting whacked as well. The entire market is very bearish.
 
Originally posted by: amdforever2
I can't fathom it dropping much more.

That is one of the worst reasons for holding onto a stock IMO. It's the reason most people took a beating in 2000.
 
Originally posted by: amdforever2
I do not blame Bush for my problems.

However, one thing he certainly could do is get oil out of Iraq so the price comes down from NEAR FIFTY DOLLARS a barrel.

As for what Kerry says, and what really happens, I don't know.


Considering Kerry will probably not be such an asshat to the world, we might get more international troops to relieve some of the burden.

More international help + iraqi oil flowing = good things right?

I dunno.

I'm certainly not an expert and as much as ATOT loves calling me an idiot, I'm certainly learning lessons.

Iraq has to be allowed to handle their oil themselves. If Bush did anything else, all the "war for oil" bleating idiots would have a field day.

We handled most of free Germany and all of Japan on our own for the TEN YEARS it took to rebuild and stablize those countries after WWII. We can handle this.
 
Well, the stock has about doubled over the last five years.. going from about 4.20 to today's current at 9.99...

Assuming one isn't a daytrader trying to make a quick buck, it might be a good idea to buy some if it drops below the 9.50 mark...
 
Originally posted by: amdforever2
I do not blame Bush for my problems.

However, one thing he certainly could do is get oil out of Iraq so the price comes down from NEAR FIFTY DOLLARS a barrel.

As for what Kerry says, and what really happens, I don't know.


Considering Kerry will probably not be such an asshat to the world, we might get more international troops to relieve some of the burden.

More international help + iraqi oil flowing = good things right?

I dunno.

I'm certainly not an expert and as much as ATOT loves calling me an idiot, I'm certainly learning lessons.

LOL, what a dumbass comment. Iraqi oil is already flowing, and bush has done a damn lot to keep it flowing. What more do you want him to do? Don a construction workers hat and go down to Iraq to work on the piplines? :roll:

If you really think Kerry is going to change Oil prices you're still living in candyland. The reason that oil prices are up has nothing to do with supply, it is a combination of speculation and higher demand from the third world.

:roll::roll::roll:
 
Originally posted by: amdforever2
as much as ATOT loves calling me an idiot, I'm certainly learning lessons.

i would not call you an idiot and i don't like posting off the OP topic, but your statement is inaccuarate as far as i know.
i have been trying to locate specific information on what Kerry's position is on important topics (it is difficult as he seems to want to talk about other things) and i thought perhaps you could point me to something supporting your statement

no need to feel picked on, but you decided to include that line in your post about nvidia , Kerry pulling troops from Iraq has little to do with Nvidia stock declines i would think
 
Originally posted by: So
Originally posted by: amdforever2
The reason that oil prices are up has nothing to do with supply, it is a combination of speculation and higher demand from the third world.

the rise over the past week also has a lot to do with the Russian oil company that is in trouble with the Russian government (the way i read the news)
 
Right now there's alot of demand for the new geforce 4600, but it's mostly out of stock everywhere. Nvidia is really dropping the buck if they can't supply enough of the cards.
 
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