Formerly About Advanced Micro Devices Message Board

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Politics : Formerly About Advanced Micro Devices

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To: Joe NYC who wrote (110239)	5/10/2000 5:45:00 PM
From: Yougang Xiao	of 1581749

Joe: <<I think Edelstone was bullish on AMD in the past at his previous job (Lehman?) and got burned badly. I think his strong buy on Intel and Rambus is a knee jerk reaction.>> Edelstone (Pru at that time) was bullish on AMD in early Classic K6 days and had a 90(?) price target. Obviously, get burned on that one and never have good words to say about AMD ever since regardless improving fundamentals at AMD. More impportantly, Edelstone's bullishness on Intel and RMBS proved to be outright silly and misleading. A recent example was his strong buy rating on Intel right before Intel's Q1 release and did everything to save his black face after the earning was released. He is an analyst who have more emotion than intellect.

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