Hello niceguy767,
Re: Look for continuing revaluation of AMD over the next while, with the possibility of an instant revaluation, on April 13, if Mr. Sanders supplies the surprise goodies in the CC that have been inferred by the various news releases...
There is tremendous potential for AMd stock revaluation. Wednesday's CC will have all ears and eyes on it!
From ebnonline.com
Electronics sector sidesteps Wall Street's frenzied week By Bolaji Ojo Electronic Buyers' News (04/07/00, 08:13:37 PM EST)
...Because the electronics industry is at the beginning of a growth cycle and generating strong cash flow, it is not overwhelmingly dependent on the equity market for funds, according to analysts. Also, as investors reassess their portfolios in the months ahead, the fundamental strength of the electronics sector will become even more attractive, they said.
"It's a very interesting time for technology companies. My view is that [the stock decline] is a value [correction], not a fundamental readjustment," said Merrill Lynch's Milunovich. "The fundamentals throughout technology are still very bullish. Clearly, investors are being less forgiving, particularly on the Internet sector, and are now looking for profitability."
Kindest regards, CrazyMan |