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Politics : Formerly About Advanced Micro Devices

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To: that_crazy_doug who wrote (105437)4/14/2000 10:56:00 AM
From: tejek  Read Replies (1) of 1574070
 
So a stock price in $150-200 range within 12 months is I think a multiple of 30 is rediculously low.

Not in a fairly mature industry....I would be happy with a P/E of 30-35.

Over 100% quarter sequential growth.

Where are you getting this statistic from....even YOY revenue growth is less than 100%. Unless you mean eps growth.....if so, the street typically does not assign large P/E's to companies with good earnings growth and slow revenue growth (relatively). Look at the blue chips.

ted
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