Formerly About Advanced Micro Devices Message Board

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Politics : Formerly About Advanced Micro Devices

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To: Crossy who wrote (40815)	11/5/1998 12:02:00 AM
From: RDM	Read Replies (1) of 1583646

Crossy, You are not alone in using price to sales ratio on AMD. I also am attracted to AMD from it price to sales ratio by comparison to market comparables and the potential of the future products soon to be released to cause a major increase in sales. AMD during the past few quarters have progressed from the $500M range to the $700M range in quarterly sales. Many believe that this quarter will yield $800M. The strong stock price rebounding from the first of October supports this point of view. Last year with much less substance that these solid revenues numbers the stock raced to $48 per share. Lets hope that low interest rates, stability in Washington, recovering Hong Kong and Japan will drive AMD much higher than that in the next few months.

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