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


To: Yougang Xiao who wrote (82796)12/13/1999 3:15:00 PM
From: Charles R  Read Replies (1) | Respond to of 1571899
 
Yougang,

<An Upgrade-From Albert:>

This has happened enough time now to raise my curiosity. Who is Albert and why doesn't he post?

<08:53am EST 13-Dec-99 Gerard Klauer Mattison & Co. (Geraghty, J. 212-885-4003)
AMD--Upgrading to BUY; Flash Market Booming; Raising Est.

Advanced Micro Devices (AMD)--Upgrading to BUY; Flash Market Booming; Raising
Est.

John M. Geraghty, CFA Harry H. Sun>

Interesting report but factually off-base in a few places.

Ignoring the factual aspect: If I am reading the report correctly, he values flash biz at $55 and discounts it by $10 for microprocessor business which he thinks is executing well and has good opportunities ahead.

Nevertheless, this guy may end up being one of the first guys to recommend the $60+ target price which I think should happen after Q4 results.

Chuck