Formerly About Advanced Micro Devices Message Board

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Politics : Formerly About Advanced Micro Devices

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To: Dan3 who wrote (103011)	4/7/2000 10:14:00 PM
From: niceguy767	of 1575678

Dan3: Re: "Niceguy767 is a pessimist expecting only $100 or so by year end." Correction: Current expectation of $100...Earliest April 13 and latest July 21...When $100 is tested, I will revisit my annual target price which ay the moment is based upon estimated Y2000 revenues of $5.5 billion and and eps between $4.00 and $7.00...The difficult part is how fast will P/E multiple expansion take place...Eventually, a P/E of 50 would not be unreasonable in this market (given the highly probable geometric growth rate of revenues) which translates into a year end price between $200 and $350 if the marketplace were to append a normal P/E on AMD before year end!

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