Formerly About Advanced Micro Devices Message Board

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Politics : Formerly About Advanced Micro Devices

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To: niceguy767 who wrote (88719)	1/21/2000 12:38:00 PM
From: f.simons	Read Replies (1) of 1572002

>>...It can only be a matter of a very short time before AMD scales its all-time high of $48.50! Certainly, not much time left to purchasr below $40 for perhaps the last time!<< Your "very short time" seems to be getting longer and longer. How many months now have you been predicting 48.50 right around the corner? Is it possible that AMD got ahead of itself on earnings? Maybe the market perceives .43 as an impossible goal to repeat since it is beginning to appear that Intel's screwups of the last quarter may be behind them. The market doesn't care what you did last quarter, only what you are going to do next quarter. If AMD had made, say, .10, it would have been perceived as a very good quarter with lots of room to grow. But .43?? What do you do for an encore in an environment where Intel is finally ramping up Cumine? I could be wrong. Maybe AMD's curious price action this week is due to options trading. But I don't think so. Something more is at work here, and I believe it has to do with the market's skepticism that AMD can pull a repeat. Frank

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