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Politics : Formerly About Advanced Micro Devices
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To: 5dave22 who wrote (114607)6/6/2000 1:44:00 PM
From: Pravin Kamdar  Read Replies (1) of 1573019
 
Dave,

INTC is up $2 1/2 - unbelievable.

I think Intel is up due to their optical chip releases today. This should be a profitable market for them.

Also, since AMD has decided not to start a price war with the Tbird, Intel's processor ASP should also remain high.

So, maybe Intel will hit $200. But with AMD closing in on 30% revenue share, their stock would be worth close to $1000 per share if valued at 25% the market cap of Intel at $200.

Pravin.
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