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Politics : Formerly About Advanced Micro Devices

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To: Crossy who wrote (40803)11/4/1998 11:02:00 AM
From: Brian Hutcheson  Read Replies (3) of 1572953
 
Crossy , at this stage of AMD's growth anything is possible
Even if AMD made 48c in Q4 , there is still the question of evaluation by the market . Using other stocks as a guide however there is a rule of thumb that seems to work well . What a company makes in cents per quarter translates into stock value in dollars , but in the case of something like Dell that translates to even higher valuation .
In other words at 48c , AMD could go to at least $48 .
Of course if because of large sales of mobile K6 and K6-2 400 that figure was higher i.e. 90c then you draw your own conclusions.
good investing , Brian
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