Advanced Micro Devices - Moderated (AMD) Message Board

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Technology Stocks : Advanced Micro Devices - Moderated (AMD)

AMD 213.43

+6.2%

Dec 19 9:30 AM EST

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To: Mani1 who started this subject	7/27/2000 6:01:56 PM
From: niceguy767	Read Replies (1) of 275872

These past few days since 3rd successive record earnings release have been enigmatic, painful even, to say the least...Pain though, that repetition of one or two of those plus $12 days that we have experienced in the recent past will ease...Two weeks out, it'll just seem like a bad dream, methinks...The last time AMD had successive quarterly positive earnings of around $0.09 and $0.07 in Q1 and Q2 '97, the stock touched about $50...With the recent successive positive earnings of $0.43, $1.15 and $1.21 and forward guidance suggesting $1 billion in Y2000 earnings, it won't take much for the "big boys" to be jumping in with both feet...My guess is that $70 will be ephemeral as $20 above the '97 price of $50 (on much lowere earnings) just does not compute...I remain wholly convinced that triple digits await in the very near term!!!

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