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Politics : Formerly About Advanced Micro Devices

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To: niceguy767 who wrote (110088)5/10/2000 11:53:00 AM
From: tejek  Read Replies (2) of 1578133
 
CISCO earns $0.14 and trades at $60, AMAT looks to earn $0.55 and trades at $90, Intel earns $0.70 and trades at $120...What should AMD trade at earning $1.15 and with such phenomenal growth prospects based upon world leading flash and microprocessor division outlooks? I'm with you, at some point, it will catch up...

niceguy,

I would not use the above as goals for AMD. CSCO reported stellar earnings last nite and is down today.....the operative word is overvalued.

At least in the short term the above stocks are more likely to come down to meet AMD than the other way around. Such are the whims of the market place.

ted
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