AMD just got unlucky in any number of ways but in the chip business, luck can change very quickly and you can make a lot of money. But it's going to be a tough stock to play and will be very volatile throughout the year.
More Quotes from Dan Scovel:
Business conditions especially in the PC supplier area were picking up in August.Dan Scovel
Finally it seems that Intel has gotten some religion and is serious about the low end of the market. It's an old school method of Intel of hitting you hard with the hammer.
Dan Scovel
The semiconductor industry is very, very cyclical and when things are good - which they are now - they're always better than were expected. Of course, when things turn down, they always hit harder than anybody would have guessed. And right now what's happening on Wall Street is a lot of people are trying to kind of guess the top are we there yet There's really no way to tell.
Dan Scovel
The stock market has obviously expected these pre-announcements. We're in a weak market.
Dan Scovel
I walk about five steps into the next room.
Dan Scovel
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