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

To: kash johal who wrote (105335)	4/14/2000 9:35:00 AM
From: that_crazy_doug	Read Replies (3) \| Respond to of 1574004

kash<< They are acknowledged WORLD LEADERS in their respective markets. Having said all that a forward PE of 30 would not be out of question as long as AMD continues to excel. So a stock price in $150-200 range within 12 months is credible. >> I think a multiple of 30 is rediculously low. Over $1 a share earnings. Over 100% quarter sequential growth. Outlook for next Quarter is even more growth. Now show many ANY other company that has those 3 things going for it and a price under 100. I don't doubt that we'll get 30 as a multiple, but let me ask you, do you think it's a reasonable one compared with any other company? One other thought, what multiple do you think we'll get when we earn about $2/share next quarter?