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Politics : Formerly About Advanced Micro Devices
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To: tejek who wrote (121290)7/31/2000 3:36:07 PM
From: f.simons  Read Replies (1) of 1574258
 
>>They did not say....I assumed by the end of the year. Its actually not much of an upgrade....was done due to current price weakness....and the price target is fairly lame.<<

Ted-

Without a time-frame these "targets" mean nothing. They all seem to do it, although sometimes you will see "12 month target is...."
As an absurd example, if you had set a target of 95 on AMD in 1985, you would have been technically correct as of a month ago. It is just a way for the analysts to CYA.
I agree it is not much of an upgrade. Doesn't even get up to Niceguy's day-after-earnings prediction of 120.

Frank
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