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Technology Stocks : Advanced Micro Devices - Moderated (AMD)
AMD 213.94-0.4%10:38 AM EST

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To: zwolff who wrote (21959)12/8/2000 7:52:31 AM
From: niceguy767Read Replies (1) of 275872
 
zwolff:

Last I heard AMD's #1 expectation of 8 to 9 million Q4 processors was based upon 43 to 45 million worldwide. Yesterday's numbers suggested 40 million in Q4...All other things equal, lop off 10% from 8 to 9 mmillion and one arrives at 7 to 7.5 million...If AMD makes target of 8 to 9 million in this environment, we longs should all be ecstatic...Anything over 7 million will support a price much higher than todays $14-1/2 based upon fundamental analysis...but the market, as we have seen, is currently holding sway!!!
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