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Politics : Formerly About Advanced Micro Devices

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To: Petz who wrote (25356)10/27/1997 4:43:00 PM
From: greg nus  Read Replies (1) of 1577918
 
John Petzinger, The trading circut breakers were designed to give the little guy time to think..One day drops of this magnitude in the indexes 5%NYSE-7%Nasdaq have only happpened twice in recent history, during the crash of 87 and today. In theory they are supposed to give you an oppertunity to say AMD @ 21 is a bargain. Last time AMD was at 21 the had a banged up k-5,no customers and the promiss of the k-6. Now AMD has a reasonable K-6 with some dents that could be fixed(yields), a cadray of customers, the promise of a 300mhz offering, the promise of the k-7, a promise of a an advanced game chip, an almost completed new Flash plant in Japan. And the promise of a new state of the art Fab in germany, all offered for the paultry sum of @ 21 bucks. Surely you can see the bargain. Hay by Dec 31,97 we could see $15.00 bucks again.
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