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Politics : Formerly About Advanced Micro Devices

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To: kash johal who wrote (112098)5/23/2000 12:12:00 PM
From: chic_hearne  Read Replies (4) of 1575341
 
Re: You clearly believe that AMD will get to $120++ early next year.

Kash,

I will be in complete disbelief if AMD is not at $200 by January expiration.

Based on $5 per share, PE of 40
Based on $7.50 per share, PE of 30
Based on $10 per share, PE of 20

However you slice and dice it, things are just getting better and better.

Reality should start to set in with Q2 blowout. By Q3 and Q4 I don't know how anyone could doubt AMD.

I guess that explains why you are trading as opposed to buy/hold.

Maybe when I have enough cash to buy 20,000 shares, I will turn into a pessimist myself and not be looking for the homerun. Singles and doubles will be fine at that point.

good luck,

chic
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