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

To: Petz who wrote (102479)	4/5/2000 11:58:00 PM
From: niceguy767	Respond to of 1576923

John Petzinger: Re: "In Japan, Sanders said AMD would meet its goal of selling 1.2 million Athlon units. If the stock rises past 75 and 1.2 million is exactly what we get, there may be a mild selloff." Comment: AMD has never to my knowledge had 2 successive record revenues and eps quarters...and with the very real prospect of extending this successive string to 3, 4 and 5 quarters...That makes AMD very different from anytime in its history...I wouldn't count on any sustained weakness in the near term...On the contrary, it's much more probable that AMD is going to runup for the next while...Some short term resistance might occur at a price equal to 100 times Q1 earnings...i.e if earnings come in at $0.88, there might be short term resistance at $0.88...but the near term direction is inexorably towards $100, imho! Too much revenue growth over the foreseeable future to stall AMD for any prolonged period anywhere before $100!

To: Petz who wrote (102479)	4/6/2000 12:18:00 AM
From: Jim McMannis	Respond to of 1576923

John, RE:"In Japan, Sanders said AMD would meet its goal of selling 1.2 million Athlon units. If the stock rises past 75 and 1.2 million is exactly what we get, there may be a mild selloff."... I would be very disappointed in 1.2 milliom Athlons. As far as seeling off. Technically I will see how far up AMD runs into earnings day. If concensus is say .50/share and they do anything less than say $.70/share, it might sell off and stay down a while. If it's say $.85/share or better, it might dip but it's likely the stock will be bought back vigorously in short order. Anything over $1.00 and forget about a selloff. It will be a mad rush. The conference call will also be important. If Spitfire and Dresden are on track, the stockholders will have something to look forward to and I'd expect the stock to be supported. Production problems, well you know what would happen then. Jim