crazyoldman:
Re: "The PR and media can only suppress AMD so long, eventually all will see how both AMD and INTC have reversed positions. I'm holding my shares with strong hands and great expectations!"
Comment: You got it right crazyoldman and will be well rerwarded accordingly...AMD's suppressed price over the past week makes no sense at all...Look for a major bounce next week now that the March options are out of the way and the imminence of record AMD Q1 revenues and earnings assumes precedence as investor criterion...With Intel at $130, look for AMD to play catch up and restore that 2/1 share price ratio which implies an AMD price of $65...
The rebound in the NAS and DJI over the past 2 days has restored investor confidence. The oversold AMD should benefit greatly from renewed investor confidence...Personally, I'm looking for a close above $60 before the earnings release on April 12, and if earnings come in at the $1.07 as per my calculations, one can anticipate the onset of the bandwagon effect that will undoubtedly result in a more realistic AMD valuation at $70 plus!...Athy sales (i.e 1,000,000 in Q4)which are only in the initial growth stages have already contributed significantly to record Q4 earnings of $0.43...Mr. Sanders, who has been understating for the past 8 months is calling for 13 million Athys in Y2000 (easily achieved if no major Dresden hiccup, given AMD ownership of top-end of market, currently 800 Mhz and up...If 1 million Athys significantly contribute to Q4 eps of $0.43, then 2, 2.5, 3.5 and 5 million Athys in Q1, Q2, Q3 and Q4 respectively will result in huge quarterly eps expansions. Current street expectations of $0.46 in Q1 and $2.50 total for Y2000 would seem ridiculously understated when considered within the context of 13 million Athys in Y2000, assuming stable flash pricing...If $1.07 in Q1 and possibly $7.00 for Y2000 are reasonable eps estimates, then a $50 AMD is the best bargain in the marketplace today! No doubt in my mind AMD is wholly undervalued at $50! |
