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Politics : Formerly About Advanced Micro Devices
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To: stribe30 who wrote (124924)9/27/2000 1:11:09 PM
From: Elmer  Read Replies (1) of 1574837
 
Re: "I'll ask you anyways Elmer:) I'm curious as to whether you think AMD will meet their 3rd qtr predictions.. and if you think so and if they do.. will they get a nice stock bounce up?"

I hope so but I think there are forces at work here that go beyond Intel and AMD. Interest rates, oil, softening economy, all may spell the end of the long bull market and a receding tide sinks all ships. I sure hope I'm wrong and INTC and AMD go on to new highs. I still think the world's need for silicon will continue to grow but investors may not be willing to pay the high PE multiples the have been paying. AMD will do well if they establish a track record that extends for more than a few quarters.

Good luck

EP
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