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Technology Stocks : AMD:News, Press Releases and Information Only!

AMD 214.11

+3.9%

Nov 26 3:59 PM EST

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To: Brian Hutcheson who wrote (3825)	1/15/1998 12:30:00 AM
From: Kashish King	Read Replies (1) of 6843

The K6 is definitely selling, I have one myself, and AMD is working diligently to transition from last year's technology to relevancy in the quarter-micron space. That's a gamble but one which I feel is worth taking and one which I feel would be worth investing in. I am willing to give them a generous PE, too, of perhaps 20. When, in your estimate, will they drop below $10 which would be my entry price based on a forward PE of 20? Would you recommend a more conservative entry point in the $6 to $8 range to act as a buffer against further yield slippage? biz.yahoo.com

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