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


To: Petz who wrote (88618)1/20/2000 6:14:00 PM
From: tejek  Respond to of 1575151
 
Petz, if AMD drops anymore, I plan to buy more. Even with the conservative 2000 EPS estimates of $1.65 to $1.95, that leaves AMD with a current P/E of 23 to 19 respectively. Intel is one of the cheapest P/E semi stock and its P/E is somewhere between 35-40. I think AMD has lots of room to grow.

Its my feeling this whole market reaction today was stupid and overdone.

ted