Advanced Micro Devices - Moderated (AMD) Message Board

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Technology Stocks : Advanced Micro Devices - Moderated (AMD)

AMD 209.04

+0.7%

3:59 PM EST

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To: AK2004 who wrote (981)	7/17/2000 7:31:30 PM
From: Mani1	Read Replies (1) of 275872

Albert, Re: Sound View reiteration of the buy rating Re << Improving processor availability and the nearing introduction of Willamette by Intel in 2H00, could we believe, serve to limit the multiple expansion for AMD. Nonetheless, based on our new C 01 estimates and a conservative 22x multiple, we are increasing our price target to $108 from $95. >> Thanks for posting that. Once again we are seeing estimates continue to go up right to the day of earnings. Looking at the 3 month chart, quote.yahoo.com, it seems that at $90-$92 there is a lot of supply. Today we traded a good chunk of shares above 90 so that is very good. I think if we get out of this trading range there could be some good head room. Hopefully earnings and forward guidance will provide the fuel. Just two more trading days left. Place your bets. Mani

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