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


To: eplace who wrote (99147)3/20/2000 7:38:00 PM
From: 5dave22  Read Replies (1) | Respond to of 1570761
 
eplace <One of these days AMD is going to make some spectacular moves. I just want to be a part of it.>

God do I hope so! I just bought 200 shares this morning. That puts me a little over 900. I've never owned more than $25K in one stock, now I have almost $50K ($25K is profit from AMD & INTC). If my wife finds out, I'm dead :)

Seriously, I don't think AMD can run any higher than what NSM did last quarter. I think it will peak in the $70s. I would probably sell half my position if that happened. It's still considered a consumer "product". But oh ... would I love to be wrong. But 10-12B is where I see a peak for now which is $66-$79.

Dave



To: eplace who wrote (99147)3/20/2000 8:33:00 PM
From: niceguy767  Read Replies (1) | Respond to of 1570761
 
eplace:

Re: "One of these days AMD is going to make some spectacular moves. I just want to be a part of it."

Comment: Based upon your purchase this morning, there's an awfully high probability that you will be part of it! AMD is way, way undervalued compared to any other equity that I'm aware of! AMD is the world's leader in its two major divisions: microprocessors and flash memory and my guess is that it is currently trading at a pe ratio of less than 10 based on expected Y2000 earnings that could easily approach $7.00 given continuation of Athy rollout trends and strong flash memory, neither assumption which can be considered overly optimistic, imho!