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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: Bilow who wrote (80629)	11/21/1999 5:53:00 PM
From: Bilow	Respond to of 1578184

(edit) duplicate post... SI getting weird... (eom)

To: Bilow who wrote (80629)	11/21/1999 8:21:00 PM
From: niceguy767	Read Replies (2) \| Respond to of 1578184

Hi Bilow: Have a look at the 5 year chart. Two patterns emerge...the 3 year triangle and the 5 year envelope defined by straight lines across the lows and the highs which are parallel. The upper parallel line gets tested around $63. Given the duration of the triangle (3+ years), a breakout at $28 might initiate a very powerful upsurge as there just isn't much resistance on the way to $48. The fundamentals support an imminent (this week?)breakout of the 3 year triangle. I suspect that 2 months out $27.12 will look inexpensive. By June 10(?), the 1st anniversary of Dirk Meyer's Athlon presentation, it would not be surprising to me if the "paradigm shift" is confirmed by a close above $63. The flash business, by itself, could almost support $27.12. The Athlon potential can no longer be denied by any rational investor. Think about the possibility of $3.5 billion in microprocessor revenues (10 million Athlons, 15 million non-Athlons) and $2.5 billion in flash revenues in Y2000.These revenues translate into the possibility of an EPS far in excess of $2.50 that, imho, would easily support a price above $63.