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Technology Stocks : Advanced Micro Devices - Moderated (AMD)
AMD 210.78-4.8%Dec 12 9:30 AM EST

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To: Michael Ohlendorf who wrote (20830)11/28/2000 10:26:15 AM
From: niceguy767 of 275872
 
Michael:

"But with flat growth it will even reduce Q to Q EPS ! Opinions ?"

Maybe, maybe not...Profitability will be a function of ASP which could rise or could fall...At an AMD price of $19, the market is saying AMD's ASP is going to drop to around $60 in Q1...I doubt that will happen...I'd guess ASP's will hover at $90 for Q4 and possibly Q1 before moving up handsomely, which if so, supports Needham's AMD price target of $58 and more...
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