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

To: Mani1 who wrote (88596)	1/20/2000 4:29:00 PM
From: Charles R	Respond to of 1573092

Mani, <I did say right after the number came out that I was not impressed. If they shipped over a million Athlons (like some rumors) and if ASP was over $260, AMD would have had EPS north of $0.80.> I agree with you on this. (Posted the red flags from earnings last nite). My comment had to do with your price targets. <Since AMD is not really a "buy and hold" stock in most people's eye a lot of people who knew that numbers will blow away the estimates bought only to sell today. > This kind of stuff was missing last nite. <I think we will move higher going forward and I do not see a large downside risk with earning estimates being raised as much as they have been.> Yup! My longer term view on AMD is very upbeat. I just made a simple trading mistake based on all the optimistic comments and after hours activity. Cest la vie. Chuck