Formerly About Advanced Micro Devices Message Board

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Politics : Formerly About Advanced Micro Devices

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To: tejek who wrote (121243)	7/31/2000 8:30:46 AM
From: niceguy767	Read Replies (1) of 1573855

ted: Thanks...From a technical perspective, looks waaaaay oversold to me...particularly in light of the going forward guidance provided by Mr. Ruiz just this past week wrt the probability of success in meeting targets of 3.6 and 7.2 million Athy units in Q3 qnd Q4 respectively, which translates into a minimum of $7.00 after tax earnings for Y2000 assuming existing GM's and stable flash contribution (both fairly reasonable assumptions)...One just isn't offered AMD buying opportunities like this very frequently...According to my technicals, only 3 times previously this year has such an opportunity been offered...and the offers in all 3 previous cases was followed by a 20% to 50% price appreciation in the ensuing 2 weeks...Will it happen a 4th time? Nobody knows for sure, but I have to go by what has been useful to me in the past, so I'm adding to my AMD holdings below $75...

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