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

To: Paul Engel who wrote (94996)	2/24/2000 3:31:00 PM
From: brushwud	Read Replies (2) \| Respond to of 1575421

I'm REALLY TOOONeD !!!! ... "We are raising our first quarter earnings-per-share estimate from $0.67 to $0.70, our 2000 estimate from $2.90 to $3.02, and our 2001 estimate from $3.25 to $3.35," said Niles. "We believe these estimates are conservative, even for the first quarter. We believe that upside exists both in units, as the company solves their manufacturing issues, and in ASPs, as higher power Windows 2000 systems begin to ship with a higher mix of PIII processors. We are raising our price target from $125 to $150 and would be aggressive buyers of the stock at current levels." So Intel can't hack a penny per share per day through 2001, their EPS growth is expected to be only 11% from 2000 to 2001, and Niles thinks they deserve a P/E of 50 this year. LOL!