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Politics : Formerly About Advanced Micro Devices

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To: niceguy767 who wrote (115258)6/9/2000 10:43:00 PM
From: Cirruslvr  Read Replies (2) of 1571039
 
Niceguy - RE: "P/E of 60 could happen "in a heartbeat"...Y2000 earnings of $7.00 and a P/E of 60 gets us to $420 or almost 5x todays price...Optimistic yes, impossible by yearend no! Risk/reward ration exceedingly favourable at $89??? Absolutely, imho!"

You will probably have to revise your estimates downward after Q2 earnings release because of taxes. But since we know this is expected, it shouldn't be taken as a negative. Who knows how many replies you, Mr. Bull ;), would get if they saw you lower your estimates without proper warning!
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