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

To: Gopher Broke who wrote (100819)	3/29/2000 6:41:00 PM
From: niceguy767	Read Replies (1) \| Respond to of 1574054

Gopher Broke: Re: "Fortunately AMD is now too strong for this kind of feeble attempt at distorting the position to have much impact, IMO." Comment: Agreed...My guess is max pain theory may be relevant for equities trading sideways...Not much of an effect for equities like AMD which have risen 300% over the past 5 months! (and is about to jump a minimum of another 30% in the very near term)!

To: Gopher Broke who wrote (100819)	3/29/2000 8:31:00 PM
From: 5dave22	Read Replies (1) \| Respond to of 1574054

Gopher <Fortunately AMD is now too strong for this kind of feeble attempt at distorting the position to have much impact, IMO.> Thank God! AMD has held up very well on bad days. I still think there are some shorts out there that will help our cause when we can finally establish a base in the high $50's / low $60's. There were a lot of buyers on the rise from $30 to $55, very few sellers. This yo-yo action is just traders IMO. I don't think anyone wants to be out of this stock for very long ... hell, even Paul is still holding on to his shares! Dave

To: Gopher Broke who wrote (100819)	3/29/2000 8:54:00 PM
From: Petz	Read Replies (3) \| Respond to of 1574054

Here's why AMD is a screaming buy. Take a look at the table from the article posted by Gopher: dailynews.yahoo.com COMPANY SYM EPSest date PRICE annualized PE Altera ALTR $0.34 April 12 84.8 62 Atmel ATML $0.17 April 20 50.4 74 Conexant CNXT $0.19 April 19 72.4 95 Cypress CY $0.33 April 18 45.0 34 Intel INTC $0.69 April 18 131.9 48 LSI Logic LSI $0.25 April 25 72.0 72 PMC Sierra PMCS $0.16 April 13 190.1 297 Texas Inst TXN $0.53 April 18 170.8 81 Vitesse VTSS $0.15 April 17 102.5 171 Xilinx XLNX $0.21 April 20 80.4 96 Average $0.30 100.0 83 ADV MICRO AMD $0.44 April 12 54.7 31 Even if AMD just hit its consensus estimate of 0.44, its PE would be the lowest of the entire group and less than half the median of the group. Actually, AMD will probably have the highest earnings per share of this entire group, despite the fact that its share price is 1/4 to 1/2 that of INTC and TXN, the only companies with a chance to beat its EPS. Petz