Advanced Micro Devices - Moderated (AMD) Message Board

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Technology Stocks : Advanced Micro Devices - Moderated (AMD)

AMD 243.76

+4.4%

9:45 AM EST

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To: Mani1 who started this subject	1/25/2001 9:07:26 AM
From: niceguy767	Read Replies (1) of 275872

Interesting pattern in the earnings strweam I saw this AM, particularly the tech stocks...not one of the half dozen I saw are trading at a price less than 100 times Q4 earnings...for example, Corning posted Q4 of $0.34 and is trading at $65 (200 x Q4 earnings...(Guess where I'm going with this???)...You guessed it...AMD with a Q4 of $0.53 is not only not trading at 100 x Q4, but less than 50 x Q4...That might be understandable if Q4 earnings were to be considered a fluke, but Q1, Q2 and Q3 averaged over $0.50 per quarter as well...Conclusion??? $40 here we come!!! (Flirting with $25 ($24 US???)as we speak in Germany)

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