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

To: Scot who wrote (102043)	4/4/2000 5:24:00 PM
From: Scumbria	Read Replies (1) \| Respond to of 1576381

Scot, 13 more posts! Scumbria

To: Scot who wrote (102043)	4/4/2000 7:27:00 PM
From: niceguy767	Respond to of 1576381

Scot: Re: "Niceguy, I have to admit, when I saw your post in the middle of the day I had my doubts with all that red on my screen. But, of course, you were right. Amazing!" Comment: 30 year bonds were below 5.70 and Nasdaq was below 4000 and AMD was below $60 at that time...Each one of those indicators was an aberration but the combination of the 3 occurring at one time painted a wholly unstable picture and consequently provided strong evidence that a "classic" whipsaw was at play! Besides at $52, AMD p/e based upon Y2000 of $7.00 was below 8 compared to a reasonable p/e of 50...I mean,$61-1/8 is already a ridiculously low price for AMD...