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Politics : Formerly About Advanced Micro Devices

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To: StockMan who wrote (33967)7/6/1998 2:27:00 PM
From: Joey Smith  Read Replies (2) of 1574685
 
Stockman, with all that debt hanging over AMD's head and very uncertain revenue stream due to Intel price cuts, AMD's current price/book of 1.2 is way too high. I expect the stock to drop until price/book is equal to or below 1. The only thing that can keep this stock afloat is buyout rumours, but I haven't heard of any lately.
joey
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