Advanced Micro Devices - Moderated (AMD) Message Board

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Technology Stocks : Advanced Micro Devices - Moderated (AMD)

AMD 214.99

0.0%

Dec 26 9:30 AM EST

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To: jcholewa who wrote (10197)	9/25/2000 2:47:06 PM
From: david_langston	Read Replies (1) of 275872

John, what status does RMBS have on your scale They've never really been expected to have had any earnings, so they can't have disappointed anyone. Their PE is near infinity and their Price/Sales is greater than 145, so the market is discounting earnings and sales growth with no disappointments for forever and beyond. I'd say they are wearing the platinum halo as far as the market is concerned. The market has incredibly high expectations for this stock. I'm curious to see how corrosion resistant that halo will be in the face of the inevitable problems. Dave

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