Cheap Tech Stocks

[Cheezy]

A good long term plan, is to do a divendend reinvestment plan. Pick out three companies that have payed dividends the last 5/10 years and buy one share in each....Each month. Then have the dividends roll over towards the purchase towards partial shares or shares of stock.

It starts slow but by the time you are towards retirement. You are really set up providing there is no great depression at that time.

If you stick with this plan you can easily retire a millionaire. Although that isnt that much money by today's standards it would make for a retirement filed with golfing and cigars....And hookers?! j/k

 

[stonerdave]

Hey anyone remember when AMD was about 15/share in the summer of 99?...and then it went up to almost 100 within almost a year? Well, don't feel bad too, I considered buying it then wasted it on PC junk.

 

[superjsuh]

Do people here not know how to read stock charts? Or maybe there's some really big AMD fans out there that want to spur demand for Amd stock by posting exaggerating claims.

Stonerdave, when Amd was at "almost 100" that was the presplit value. Postsplit is obviously half of that, and since I've owned Amd stock for 8 months, I know that the postsplit high value (the real value) maxed out at around 45 in the Q2 of 2000.
Now they are at 26... so they went from 15 to 26, NOT to 100!

People... overreacting to stock tips is what makes the stock market so volatile... don't trust everything you hear. Especially "hot stock tips" from anandtech Do your own research and you'll do ok. The stock market will NOT turn everyone into millionaires!

 

[stonerdave]

Hey look, I know how to read a stock chart, and I'm very aware of what a split is...I'm referrring to buying AMD stock when it was 15 and when it was almost 100...actually 98, that's roughly a 6 fold increase. Obviously, it has split since this peak.

Man, I've been through multivariable calc, I think I can handle this!

 

[Bob/NYC]

superjsuh:
The $15 should also be split adjusted, to $7.50 up to $26.50 currently.

 

[superjsuh]

Whoops, you're right Bob... finally someone that understands how to value stocks

 

[Ranger X]

I believe Intel's stock should rebound. I know what you mean about the market over-reacting to negative reports. For some reason, AMD has been going down despite their growth in revenues. Last time they reported their earnings, their stocks went down.

 

[bcoombs]

I'm not certain, but I don't think the math classes you've taken necessarily reflect on one's knowledge of the stock market. I've taken Diff. Eq. (real and imaginary numbers) and I don't understand all of the terminology when some of you guys are talking. Just my opinion.

 

[sweetca]

Just say no!