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May 14th, 2003, 02:56:27 PM
#21
Yeah, I miss the salad days of 1999 too. I invested in Nvidia with scarcely $700 at the time and came out with $3200 after it kept bouncing weekly from 37 to 43.
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May 14th, 2003, 06:13:21 PM
#22
TheHolo.Net Poster
Hey baby, you've got something on your butt: my eyes.
I played a bit of intel stock on a tip, and it payed off nicely. I wouldn't infer a "massive earning potential" from either one of those, though. Those peaks are unnaturally indicative of the 2000 bull market that favored the tech sector so heavily. You're looking at two chip-making industries, so they're complements and will have similar broad movements. Furthermore, the industries they face now are more monopolistically competitive, rather than having an outright industry leader, which was the case in earlier years.
You won't win big off either one. You can post modest gains though, and if you play competitors off against each other, there's a great opportunity for a securities hedge, until some information falls in your lap. Even without a competition disparity, you can play yourself off against the futures market, which is probably a better bet anyways.
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