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To: Tim McCormick who wrote (102681)4/19/2000 1:49:00 PM
From: silverstein  Read Replies (2) | Respond to of 186894
 
Are you implying that a single successful guess on AMD makes this analyst credible? How about the rest of his track record.

SDS



To: Tim McCormick who wrote (102681)4/19/2000 2:45:00 PM
From: SisterMaryElephant  Respond to of 186894
 
Tim,

<He [T.A. Lafontain] was the only one with a strong buy on AMD in the teens>

Tad was right on AMD for the wrong reasons. His reasoning is that AMD would succeed at Intel's expense. He was wrong both about Intel's performance and stock price. Proof? His price target on Intel was $58. Intel is over $100 and earnings are well over $2 billion. AMD's success is not dependent on Intel's failure. IMO, he has not grasped this very simple yet obvious concept, and they pay him big bucks.

Regards,

SK