"Tuesday's nForce2 announcement served notice that the company is not only serious about the chipset market, but finally has the product necessary to make a huge impact.
The nForce2's specifications are just short of astounding. We don't have the space to go into all of the integrated chipset's potential advantages, but even at a glance, the nForce2 looks to have many of the high-end features performance buyers require -- and more importantly, offers them in a way that covers a variety of other, more cost-conscious market segments, as well. "
=>but finally has the product necessary to make a huge impact.<=
"finally has the product necessary"? Finally?
Sounds like the first go-around was a lot of PR and hot air. Didn't fool too many people from the trashing the stock has taken.
I think one of the most difficult things about trading/investing is remaining objective once a position has been taken. I see longs celebrating every piece of news that could be interpreted as being positive, and ignoring the potential problems. Shorts do just the opposite. I'm not being condescending, I'm guilty of this behavior as well. Although I almost always take a position based on what I consider a good risk/reward profile based on fundamentals, I think technical analysis can be a great tool in enforcing some objectivity when looking at a position.
You talked to the wrong person. I am not interested in NVDA's products. I am only interested in the price movement of NVDA's stock. The market kept giving me the clue while long-term investors kept talking about how they love their products.
It is funny that you are so focused on nForce 2. If you want an AMD play, buy AMD. Why pay around 1.7 x sales for NVDA on the hope that AMD will do well, when you can buy AMD stock at less than 1 x sales?