Formerly About Advanced Micro Devices Message Board

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Politics : Formerly About Advanced Micro Devices

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To: Charles R who wrote (88782)	1/21/2000 6:42:00 PM
From: greg nus	Read Replies (2) of 1572637

Thread in my opinion based on recent extrodinary negative trading volume following all the good new momentum players have exited AMD. Further although AMD may retest the recent high of 45, it sill probable trade in a range from 30 to 40 for the next six months as it now has a pe attached to it. of around 20. AMD expects to be flat during the fisrt qtr. And although AMD looks to acheiving an ASP of $100.00 up from $80 by moving to a richer mix of higher speed chips, pricing is not the key to sucess. Manufacturing in volume is. Therfore i beleive AMd will essentaily be dead money for the next six months, untill Dresden begins shipping chips in volume. Don't get me wrong I still like the company, and the stock may provide trading opertunities if it gets too cheap. For now I think the power behind AMD's recent major move had it's back broken during the heavy negative trading activity of the last two days.

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