umopapisdnwi

Why search all teh internets; everything you wanted to know today is right here anyway.

Friday, October 27, 2006

The stock market is full of r-tards.

So I recently recomended nVidia to a friend as a stock to look at purchasing. They're in an amazing spot right now. They have the only DX10 card available coming Nov 8ish, their only competitor won't have a DX10 card till at least January because its all mucked up with a merger, and its not just about the DX10, its about the fact that its the new generation of cards that kicks the crap out of the old generation. It's like having an game console to drop on the market before the xmas season that your only competitor won't have till after. It's better then that, as these mythical consoles are the first generation to let you run something as critical as say, your Car, to its maximum potential. Also, because they were waiting for Vista to drop the DX10 cards, they've been shilling the same G70 core for way longer then they would have otherwise. A moronic "analyst" recently rated them as an underperformer, which dropped their stock a few percent. Of course they're underperforming, they have been reselling new versions of the same card with 10-15% performance boosts for 1.5 years now. Aparently Analysts don't get paid to read the news about a companies future products.

Well anyway, so I thought they were a strong buy (though I have none of that official crap, so this does not constitute financial advice to you) and they've went up a bit since then, but today they drop 4% in value. But they're not the only ones, Intel and AMD are also down about the same amount. Let me teach you something stockmarket, Intel, AMD-ATI, and nVidia make all of the CPU/GPU processors that 98% of people with these new fangled "computer" things are using. They're a more reliable industry then airplanes, oil, and it's probably a safer bet that they'll be around longer then houses, as I know a few who'd have a hard time deciding between. These companies are not going anywhere, they're going to be around to take people's money for at least the next decade. One of them has to turn a profit and be worth owning. You can't say that all three of these companies are worth less then they were worth yesterday, you have to believe that one of them will take more market share from the others and win the game.

Kramer always says to buy when things are going down, and I don't see any reason to disagree.

0 Comments:

Post a Comment

<< Home