maui dude:
One year ago, when AMD was at $20, the INTC threat, in a relative sense, was far greater as the Athy was unproven, PWeeiii was king of the microprocessor and the P4 hype was in its formative stage...Even in that environment, AMD ran from $20 to $97.50...Today, the INTC threat is significantly less in a relative sense based on any concrete evidence in the marketplace...e.g. the Athy architecture now demonstrates superiority over the PWeeiii architecture and the 1.2 gig Athy/DDR combo is set to imprint a new level of computing experience on the marletplace. The P4 hype has been shown to be hoghly exagerrated with the release of the P4 1.4 gig, which on a comparative performance basis, doesn't seem to compete at all that well with the 1.2 gig Athy...not to mention that AMD's balance sheet, given successive record revenues and earnings over the past 4 quarters has been strengthened immeasurably...AMD's relative position vis a vis INTC and based on financial performance far surpasses that of just one year ago...If the trend continues, and all pointers I see suggest it will, there is absolutely no reason why, if AMD could run from $20 to $97.50 one year ago, with its significantly improved situation in both a relative and absolute sense this year, that it won't run to $97.50 again in Y2001...After all, the odds are much greater of that happening now than they were one year ago, based upon company fundamentals... |
