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Politics : Formerly About Advanced Micro Devices

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To: Brian Hutcheson who wrote (45445)1/11/1999 11:20:00 AM
From: Kevin K. Spurway  Read Replies (1) of 1572507
 
Re: "It shows that the analysts just do not have a clue on AMD at this stage of the business."

This is one reason theat AMD is valued the way it is right now. AMD will earn a higher multiple when it can show analysts a bit more skill at forecasting its next-quarter results ahead of time with some consistency.

These Internet valuations are starting to worry me.... When the explode, the entire market could go with them. At AMZN's current market valuation, they'd need to sell something like two hardcover books to every man, woman and child in the United States for the next 30 years to justify themselves!

Kevin
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