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So, anyone here got some NVDA stock back in '99 ?

my dad got some right before it split in 2001, but sold it at $40/share 🙁 (he did make some good cash off it though...unfortunately it's up at $62/share now)
 
I did...sold most of it about six months ago...

I had the option to buy about 10x as many shares as I did....just didn't feel up to putting that much of my portfolio in one stock...aaarg.
 
I bought some back in '99. Stupid analysts said it would top out at $32(about 2x what I bought it at), so I sold it there, and bought some 3dfx stock(which was a good idea, since 3dfx was doing well at the time; and made about 1.5x for me). I bought some again with the money I got out of 3dfx(which wasn't much, since their stock kind of dropped like a rock when their troubles hit); but I'm still kicking myself for not keeping the Nvidia stock, it probably would have paid for a year at most state colleges.😱
 
Nope, but I've had AMD stock in varying amounts since late 98'.

Needless to say that stock has done extremely well for me since the days of AMD's K6-2, I sold most of my stock in them back in late 2000' after their 2for1 stock split though.
ViRGE... I thought about buying 3dfx stock at one point also, I'm very glad now that I didnt have much faith in their management.

Imagine those that bought Microsoft stock back in 1980 or even a bit earlier.
 


<< Imagine those that bought Microsoft stock back in 1980 or even a bit earlier. >>

And that's why my father is wealthy.
 
Forget 1980....you could have still made a fortune if you'd bought Microsoft stock at about the time of Windows95's release.

Unfortunately, back then, I was into my whole "its overpriced" phase....lol. And imagine if you'd bought Dell when it was founded a few years back...$10,000 invested at Dell's IPO is now worth millions.
 
I actually remember considering buying their stock when the TNT1 came out as I thought they had alot of potential. I remember them and 3dfx both being around the same price at that time (below $20). I didn't pull the trigger though. 🙁
 
I actually picked 100 shares at $19/share right after the tnt2 was released. I don't remember when it was; a while ago.

Now I have 400 shares 🙂

Though their stock just dropped significantly in after-hours trading because they're launching an internal investigation. It was about $62, now it's about $55; might go lower.
 


<< i had amazon then... sold them babies for $110/share 🙂 >>


KICK-ASS, congrats 🙂 What made you do it?
 


<< Forget 1980....you could have still made a fortune if you'd bought Microsoft stock at about the time of Windows95's release.

 >>



Valid point, but it also cost considerably more shortly before the release of 95', high enough that it would be prohibitive for most people to have purchases large quantities of stock in MS whereas in 1980 is was still reasonably cheap.
 
I wasn't even born back then.. anyways who cares about the past, how about now? What stocks are probably gonna go up by the time most of u will be dead. lol
 


<<

<< i had amazon then... sold them babies for $110/share 🙂 >>


KICK-ASS, congrats 🙂 What made you do it? >>




well... i turned around and got some apple stock. ok, u can stop laughing now.... 😱
 
I'm the only one with Nvidia stock back in the Day? that's too bad.

Well, if it makes you all feel any better, 400 shares at $70 a share doesn't even cover tuition and expenses for a year here at the good ol' U of Chicago.
 


<<

<< Forget 1980....you could have still made a fortune if you'd bought Microsoft stock at about the time of Windows95's release.

 >>



Valid point, but it also cost considerably more shortly before the release of 95', high enough that it would be prohibitive for most people to have purchases large quantities of stock in MS whereas in 1980 is was still reasonably cheap. >>



Wrong since Mickeysoft was still private in 1980. I don't recall the exact year, but they IPO'd a few years later.

To have equity in M$ in 1980 would have meant you worked for them in Albuquerque, New Mexico. Yes, that's where they were originally founded. And yes, there are thousands of MSFT millionaires.
 
in my first year of college i had saved $2500 for stocks.


i took this $2500 and through some day trading of CORL during their we are a linux company hype stage , turned it in to $5000 in 2 days. the next day it fell to like $4000 and kept falling. i got in at $19 per share, and ended up with it at like $6 a share from ahigh of 37 in a span of a month and a half. i took what i had left, a good $800 or so, and put it in COVD an up and coming broadband DSL firm. I lost all that money when COVD went bankrupt.


The next summer i made $7500 selling asus graphics cards. So I was gonna try it again figuring i had learned my lesson but my dad was convinced i was an idiot, so he took my money and told me what stocks to buy. I bought intel , LSI , AMCC and a small amount of etoys.

this was around december 2000 a year after my december 1999 disaster with CORL. its now2002 and i have like less than half the $7500 i started with . thanks dad. AMCC is down from 70 to like $9 a share, ETYS is dead, LSI is 45% what i paid, but intel is still around what i got it at.

So basically the stock market has taken $6000 from me over the years, which is a year and a half's tuition. THANK YOU DOT COM BUST.


i have learned lesson. and to keep this on topic, i never bought NVDA and bought TDFX since i liked their cards better. I didnt really lose anymoney on TDFX since it went up and i sold as it was coming back down to what i bought it at and then went bankrupt. I learned a lesson from that though, NEVER EVER be a fan of the company you are investing in, and never have any like emotion in the decisions. That is why I will not buy AMD, a company with good products, but crappy ASPs and overall a much less diversified and less profitable company than INTC. I also learned that it is best to invest in large corporations that all the fanboys hate. this would mean buying MSFT, INTC, DELL, HP , NVDA, etc. companies that wouldnt be too bright.. AMD , Transmeta, gateway2000 (they are beyond help) , any linux company, ATI, paypal , anything remotely iffy. If you think about it why would you invest in such risky companies. the computer industry is not growing at nearly the rate it used to. Especially in the hardware area. I dont understand why people even invest in AMD. they have reall low ASPs. they sell athlons to big OEMs for like $50 a piece from what i hear. It doesnt matter if they get market share if their ASPs are barely break even. And they arent gonna win over intel any time soon. See i'd like to seethem do well but i'm not gonna bet money on it.

im not giving up, i've got like $14000 saved and well, maybe the next time i try this again , i'll actually not lose anymoney.


ok if you were crazy enough to read this you were really bored.
 


<< I dont understand why people even invest in AMD. they have reall low ASPs. they sell athlons to big OEMs for like $50 a piece from what i hear. It doesnt matter if they get market share if their ASPs are barely break even. . >>



If you want to make bug money you need to take risks.
I bought AMD when the K6-2 was their big seller, they were riding at $6 a share.... I relied on the Athlon to make it big, and it seemed a good bet, architecturally it clearly had the chance.
I relied upon the flash memory market remaining solid and it thrived while I had large amounts of money in them.
I sold most of my AMD stock when they were riding at about $30 a share and did their 2for1 stock split.

AMD singlehandedly paid for most of my college tuition and a good number of IT exams for me.

Their not a company you pull in with for the long run, but their a company to watch closely and if you get in at the right time you can make excellent money very fast.
BTW, their ASP's are up to almost $90 since the AthlonXP hit.

Invest in safe companies if you want small gains.
The risky ventures are where the big money is, and if you can afford to lose the money if it falls through then put you hand in.... you might just come out with a hell of a lot more then you started with.
Just keep a very close eye on the corportations your investing in.
 
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