Every once in a while, I simply stick my foot in my mouth. And readers call me on it -- as they should. Last week, when writing about how AMD
Considering that I also wrote about how well the Opteron and Athlon line of processors has done for AMD, I knew better. Nonetheless, a mistake was made. AMD has actually been gaining market share at a fairly steady clip in the last couple of years. According to a Mercury Research report at the end of the second quarter, AMD's share was up to 11.2% from 7.4% a year ago. These pieces of information aren't found in SEC filings, but they can be quite important to investors. Particularly when those investors are looking at a company that has flirted with profitability over the years, and whose flash memory division obscures the profitability of the processor business.
As a PC hobbyist, I've built PCs for years, because I prefer having control over all of the components. But I've also helped friends order machines from Dell
It's also why my bottom-line opinion on this action doesn't change: It's still a bunch of hoopla. That brings me to the second point I want to cover today. I also received a number of emails full of simple blind passion for AMD. I can understand this for its products, but not for its shares. Save your blind passion for your loved ones, sports, and maybe occasionally products -- but not investments. With investments, your best approach is a healthy amount of skepticism and detachment.If the Fool has helped you profit from investing, consider sharing the wealth with those in need. You can donate to American Red Cross relief efforts for victims of Hurricane Katrina by clicking the banner at the top of this page.