Advanced Micro Devices - Moderated (AMD) Message Board

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Technology Stocks : Advanced Micro Devices - Moderated (AMD)

AMD 214.99

0.0%

Dec 26 9:30 AM EST

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To: Pravin Kamdar who wrote (50156)	8/7/2001 11:39:06 AM
From: niceguy767	Read Replies (3) of 275872

Pravin: "As I see it, the major risk left in this market is due to the market's refusal to have already collapsed Intel's market cap. Intel has a PE of 60, when it should be no higher than 20. If the P4 buildup that is taking place right now does not sell through this fall, Intel could well go to a PE of 20, with an associated market cap reduction of 133 billion. This would crash both the NAS and the DOW. This market depends on Intel not crashing. Sh*t, I just talked myself into going to cash." Forgot to mention it earlier but Joe on CNBC this AM raised the spectre of "what if" we're in for a sluggish economy for 10 years rather than the 3 months that some are saying...If economy does not soon perk up at these interest rate levels, then what is left to spur economic activity? Maybe it's worth considering, at least for a nonosecond, the probability of occurrence of the scenario raised by Joe...Very, very fuzzy at the moment looking forward, it seems!

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