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Technology Stocks : Advanced Micro Devices - Moderated (AMD)
AMD 221.02+6.4%3:59 PM EST

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To: Epinephrine who wrote (33715)3/27/2001 1:56:45 PM
From: kash johalRead Replies (2) of 275872
 
Epinephrine,

re: AMD situation

AMD's situation seems very strong and much better than i anticipated a few weeks ago.

If they can really hit the analysts numbers this quarter of around $0.32 to 0.35 while intel is flopping on the beach then they have a real shot at re-establishing wall street credibilty, at which point a PE of 25 or so is possible. So with profit of $1.80 then i can see a $40 price.

Their execution on infrastructure side has been awfull and represents a key weakness IMHO.

Overall i remain concerned on the overall market and have no position in the company and am largely in cash.

regards,

Kash
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