Advanced Micro Devices - Moderated (AMD) Message Board

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Technology Stocks : Advanced Micro Devices - Moderated (AMD)

AMD 221.06

-1.1%

Jan 5 3:59 PM EST

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To: david_langston who wrote (7048)	8/30/2000 9:34:21 PM
From: niceguy767	of 275872

david langston: "He said he thinks that Wall Street consensus earnings estimates for AMD are "way too low," and that its flash memory business is undervalued. [Now he has figured out that his prior earning estimates that caused him to sell were too low, so he has jumped back in. This shows that he didn't really have a handle on AMD's prospects earlier in the year. AMD's management may have been sandbagging their guidance too much, but who can blame them after all the lawsuits] With 2000 earnings expected at $2.60 a share, "it was not expensive when we first bought it and it's not expensive now," he said. Comment: And those comments are based on $2.60/share. Imagine how he'll feel when AMD comes in at $3.50 to $5.00 per share...at least twice, maybe even 3 times that of INTC...

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