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

To: 5dave22 who wrote (106883)	4/19/2000 10:37:00 PM
From: niceguy767	Read Replies (1) \| Respond to of 1575147

5dave22: Re: "I said it was oversold. I didn't say that people would sell. With Intel, there is a big difference! :) When AMD reports $1.15 and is trading at $75 and INTC reports under a dollar and is trading at $120 - either AMD is undervalued or INTC is overvalued. Probably a combination. Dave Good luck tomorrow." Comment: I see Apple bettered the street estimates tonight...Something like $0.75 and currently trading at $123...and up in the aftermarket...Augurs well for tomorrow, and AMD, I think... Hard to campare INTC and AMD on P/E basis as INTC has such a strong balance sheet...However, if one looks at only Q1 earnings, it does appear that AMD is on the fast track by comparison...It is precisely this AMD earnings growth that will begin to command an expanding P/E in the near term and force a series of increments in AMD's share price...