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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: Joe NYC who wrote (31020)3/9/2001 10:30:33 AM
From: niceguy767Read Replies (3) of 275872
 
Jozef:

"Overall market reaction is not as bad as the news is, IMO. AMD percentage drop is less than Intel, which is a change from normal pattern, which used to be "If Intel has a problem, AMD has a much bigger problem"

The discerning investor recognizes that AMD, at $23.50, and looking at $1.1 billion Q1 revenues and a Q1 eps of $0.40 sees astounding value, particularly in light of INTC's confessed problems (owing in no small amount to the growing AMD factor) last evening...Before the day runs its course, AMD could easily be within $5 of INTC, i.e $25 or better as the prospect of AMD's relative strength vis a vis INTC's seeps into the investing psyche!!!
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