Advanced Micro Devices - Moderated (AMD) Message Board

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Technology Stocks : Advanced Micro Devices - Moderated (AMD)

AMD 249.66

+7.6%

Jan 21 3:59 PM EST

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To: niceguy767 who wrote (22546)	12/29/2000 5:31:13 PM
From: Cory Gault	Read Replies (2) of 275872

"Yepper!!! (Never thought I'd have to say support at $14...$40 maybe, but $14???)...still can't believe AMD with Y2000 earnings of $2.50 and Q4 earnigs of $0.50 can be trading at this level...Guess the market is saying Y2001 is going to be brutal with shipments under 30 million, revenues under $5 billion, eps back into negative territory as ASP's drop back to the $50 - $60 range and no product evolution with DDR, mobiles, servers and palominos...all of which implies that Athy's scalability has maxed out at 1.2 gigs...Obviously, I disagree with the market's negative assessment...Probably need to see some tangible product evolution before AMD breaks from the current $14 to $20 trading range!!!" So now that 14 is history what is the new support level....this has worked so good up until now. My guess is 8.

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