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Technology Stocks : Advanced Micro Devices - Moderated (AMD)
AMD 231.83+1.7%Jan 16 9:30 AM EST
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To: Dan3 who wrote (65148)12/7/2001 7:42:22 PM
From: eplaceRead Replies (2) of 275872
 
Dan3...Now that it's become clear that AMD is continuing to gain in the CPU market, the two stock prices should move back to near equality fairly quickly.

Dan, the problem is that Intel is sporting a whopping 77 PE right now and we all know what happened to those forward looking estimates of a year or two ago. For years Intel traded with a PE in the 12-16 range. If it returns to that anytime soon, price parity could be at much lower prices for both stocks. Time will tell.

Regards,
Ed P.
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