Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: tejek who wrote (100902)	3/30/2000 7:11:00 AM
From: Road Walker	Read Replies (2) \| Respond to of 1573927

Ted and niceguy, I have been thinking about buying some AMD, or at least a short term trade. I appreciate your input. BTW, AMD's institutional ownership is 55%+ per: marketguide.com The one thing that always makes me nervous is myopic over-confidence (niceguy). When everything is perceived to be positive, it usually gets priced into the stock, and I guarantee that everything isn't positive. The market NEVER makes it that easy. Good luck, John

To: tejek who wrote (100902)	3/30/2000 8:31:00 AM
From: niceguy767	Read Replies (2) \| Respond to of 1573927

ted: Re: "Unless AMD changes its product mix considerably, resulting in juiced up revenue growth, I don't think the street will ever assign it a comparable P/E." Comment: The probability of a doubling in revenues to $5.5 billion in Y2000 and an eps between $4.00 and $7.00 is nothing to sneeze at...As soon as the market gets the drift of the new direction of the new AMD, a sizeable hike in its P/E ratio cannot be avoided...The market caught a glimpse of the new direction of the new AMD with Q4's release...Q1 results, imho, will do wonders for reshaping the perception of AMD watchers as record Q4 earnings of $0.43 are reinforced by Q1 earnings that supercede record Q4 earnings! A major price revaluation of AMD is unavoidable with the release of Q1 earnings, imho, assuming stable general markets!

To: tejek who wrote (100902)	3/30/2000 9:38:00 AM
From: that_crazy_doug	Read Replies (1) \| Respond to of 1573927

<< Growth in eps has come up before in re to Intel. While its good to see, often the street will assign a higher valuation to the stock not with the best EPS but the best revenue growth. >> AMD should get at the very least get 50% revenue growth year over year, and they could quite possibly get over 100% revenue growth year over year. I am unfamiliar with the revenue growth rates of the other companies, but I think a number over 50% in revenue, and earnings over 4 bucks will earn the stock a considerably higher multiple. Most people would accept one of the things holding amd back is the checkered past. Most people still don't believe AMD is for real yet. With each passing quarter more people will buy into AMD's story. It's really a simple function in some ways. If AMD had 10 bad quarters in a row, and claimed the next one would be good, who would believe them? Well let's say they had 10 good quarters in a row and they said the next would be good, who would believe them? The answer to the first question is no one, the answer to the second is everyone. Well they've got 1 good quarter in a row now, how many people believe them? How many people will believe after 2? after 3? etc etc.. I don't know how long it'd take to get everyone, but I think after 3 quarters you'll have enough of a following to boost the multiple up. Plus with our increased earnings, we'll be looking at a huge stock boost even without a bigger multiple.