Seeking Alpha
  • Ashraf Eassa
    Two articles submitted so far...have a lot more ideas rattling around in my brain. That $QLGC piece took me so long!
    12/21/12
    Reply (28)
    • Sal Marvasti: I still cannot see it. When will be live for non pro readers? QLGC
      12/21/12
    • Sal Marvasti: Ashraf, more proof the shorts are covering. The market went down, the pc sector went down (read INTC etc) and AMD went up?
      12/21/12
    • Sal Marvasti: You might still have more upside in AMD than the others. Remember Nokia ?
      12/21/12
    • Ashraf Eassa: AMD's current quarter will be terrible...
      12/21/12
    • Sal Marvasti: so was nokias :)
      12/21/12
    • Ashraf Eassa: Yeah, but Nokia has a fighting chance. AMD is a component supplier, and there is a much better supplier w/ a better cost structure in place.
      12/21/12
    • Ashraf Eassa: With phones, you can win on "style" and "design", and even "brand". AMD has none of these working for it. Consumers do not care.
      12/21/12
    • Sal Marvasti: do as you wish, but when its back to$3 and Nvidia is not at $14 don't tell me I did not tell you. Its all technical.
      12/21/12
    • Ashraf Eassa: I am not investing in Nvidia, Intel, QLogic, or any of my other holdings on "technicals". Technicals turn fast when fundamentals break.
      12/21/12
    • Ashraf Eassa: (c.f. RIMM)
      12/21/12
    • Sal Marvasti: I did that with ARM, I refused to buy them. I might write an article on investing psychology. AMD has not changed. you have;)
      12/21/12
    • Sal Marvasti: If PC market recovers AMD is the first to go up. You yourself mentioned, AMD vindicated as the troubles are not company specific.
      12/21/12
    • Sal Marvasti: Let me remind MR Ashraf of December using Mr Ashraf of September: http://seekingalpha.com/a/ibll
      12/21/12
    • Ashraf Eassa: AMD's problems have been proven to be company specific as it has lost market share in both CPU and GPU.
      12/21/12
    • Ashraf Eassa: Why do you fail to grasp the notion that my view can change when the facts do?
      12/21/12
    • Sal Marvasti: Market share loss was insignificant (3%) vs shrinking market (10%)
      12/21/12
    • Ashraf Eassa: Market is not shrinking 10%. You need to substantiate that claim.
      12/21/12
    • Sal Marvasti: Its like go back to to the radeon 5xxx series. Nvidia lost big market share , but it was not sustainable. They clawed it back with Fermi.
      12/21/12
    • Ashraf Eassa: AMD's CPU side is unlikely to be competitive with Intel. GPU side more likely, but Nvidia is much stronger.
      12/21/12
    • anonymous1111: Generally if you are betting the market will go up you buy best of bread - $INTC.
      12/21/12
    • anonymous1111: If you think it is going down then you short worst of bread - $AMD.
      12/21/12
    • anonymous1111: Although if PC sector were to turn AMD might move more at first because it has double the beta.
      12/21/12
    • Ashraf Eassa: AMD is trader driven, not fundamentals driven. The high short interest is leading to spasms of squeezing.
      12/21/12
    • Sal Marvasti: We will see who makes more come january. The point is to make money by being smart, buy low sell
      12/21/12
    • Sal Marvasti: High
      12/21/12
    • Sal Marvasti: If nvidia had reached my $10 target i would be buying bucket loads. No business is too good or too bad for me. At the right price i will buy
      12/21/12
    • Ashraf Eassa: That is a fair strategy. When it comes to speculative positions, I have others that give me a better risk/reward.
      12/21/12
    • Ashraf Eassa: Thanks to Pro, I will be exposing quite a few of these opportunities in articles.
      12/21/12