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Politics : Formerly About Advanced Micro Devices

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To: crazyoldman who wrote (106089)4/16/2000 3:18:00 PM
From: Dan3  Read Replies (1) of 1574060
 
Hi CrazyMan,

Here's a nice subdued post, the kind that's nice to read after a market like Friday's:
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messages.yahoo.com

If increasing Athlon production by 1 million increased earnings by $1 (once you get past break-even the profit ramps very fast)
then:

AMD stated projected Athlon volumes for year 2000:
2Q 1,800,000 Earnings: $1.90
3Q 3,600,000 Earnings: $3.70
4Q 7,200,000 Earnings: $7.30

so Q4 earnings = $7.30 * 4 = $29.20 * PE of 60 = $1752.00 per share and at that point FAB 30 is just getting started. This will be good. This will be VERY good! I'll be able to start my research center!
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I'm not sure I totally agree with his logic, but I sure like his spirit! (let's see, that puts our forward P/E at about 2, doesn't it? So there should be a bit of room on the upside.)

Regards,

Dan
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