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Technology Stocks : Advanced Micro Devices - Moderated (AMD)
AMD 219.83+1.1%3:59 PM EST

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To: niceguy767 who wrote (13867)10/14/2000 3:31:33 AM
From: peter_lucRead Replies (1) of 275872
 
Niceguy,

"The point I'm making is that AMD should be trading at some positive multiple of today's price, given its earnings and product line development of the past year...It's not, yet!!!"

Absolutely true!

According to www.stockmaster.com AMD now has a p/e of 8.

I don't get it, p/e of 8!!!! And analysts are downgrading. What have we done to deserve this?

I must be dreaming....
Peter

PS: Do you believe that there is the danger that one of the big boys might think about a take-over now. It would be a damned good opportunity for them. Hmmm, not a pleasant thought.
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