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Politics : Formerly About Advanced Micro Devices
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To: Scumbria who wrote (103482)4/10/2000 6:10:00 PM
From: 5dave22   of 1576387
 
<MOT first quarter 2000 earnings were $448 million, or 59 cents per share, compared with $199 million, or 28 cents per share in the first quarter of 1999>

Comparing AMD & MOT market cap against revenues are almost identical (about 8 to 1). Hopefully the street will look at earnings instead (hopefully closer to 5 to 1 if AMD can muster 90 million in profits). That would put AMD's market cap at 18B - share price of $121.

I think you could argue either way whether AMD should trade at the same P/E as MOT.

Dave
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