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Politics : Formerly About Advanced Micro Devices

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To: david alexander who wrote (111746)5/21/2000 9:09:00 PM
From: crazyoldman  Read Replies (2) of 1579804
 
Hello david_alexander,

Re: Interesting that even with great forward looking earnings we can't get through the 90-93 range. Suggests to me that many are still doubting the story. At 83 and with $5+ in earnings coming up AMD still trades at less than 20 times forward earnings. A bargain for a stock with good earnings visibility.

Wall Street investors in general don't have a clue to what's going on here, they are way behind the power curve (many here say this board is 6 months to a year ahead of the market). For example, routinely we hear the media categorize the dotcoms as technology stocks and the average investor believes it!

The one thing that the average investor does understand is profit, raw unadulterated profit. The average investor will soon understand AMD and soon will gladly exchange his money for your shares.

Kindest regards,
CrazyMan
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