Formerly About Advanced Micro Devices Message Board

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Politics : Formerly About Advanced Micro Devices

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To: Pravin Kamdar who wrote (105053)	4/13/2000 1:36:00 PM
From: tejek	Read Replies (1) of 1573909

It looks like the average analyst EPS estimate has gone up to about $5.00 per share for year 2000. The Market has decided to reward AMD, one of the fastest growing tech stocks, with a PE of less than 16. Let's forget this "Market Darling" crap. The market still hates AMD. Can institutional investors really be this stupid? I don't know options well enough to comment but I really believe that institutions are keeping the price down so that their people have time to get in. Whether that runs part and parcel with the options theory I don't know. The truth is is that I don't care....I see this as a buying opportunity for us....we know that AMD will go up if not this week or next, then later in the quarter. I just don't know if the price will go down from here before it goes back up. My instincts say yes....much like last time. ted

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