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Politics : Formerly About Advanced Micro Devices
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To: Scumbria who wrote (130570)1/21/2001 11:48:58 AM
From: Joe NYC  Read Replies (1) of 1572208
 
Scumbria,

AMD stock is up 50%, and you are optimistically expecting 40% growth in sales.

AMD is down 50% from it's 52 week high, and continues to have low PE ratio.

Regarding 2001 growth, the microprocessors are a big unknown, and it is tied to the PC buying cycle, as well as the market share.

Sounds like the stock has done it's thing for the year.

I think it will do more, and I am continuing to hold. But on rally's, I will be selling covered calls.

Joe
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