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


To: TimF who wrote (107055)4/20/2000 3:56:00 PM
From: tejek  Respond to of 1575093
 
OT

I saw that it is going to split, but I really don't see why at a price of (RTQ) 43 3/16. The fundimentals of the company still look good to me, and the profit growth was good. Its not like it is trading at a crazy P/E. However I really don't know as much about this company as I do about most of my holdings. Maybe I should do more research.

Tim,

Their rev growth slowed from 225% to 20% in one quarter......I was expecting some slowing but not that dramatic a one. Yes, their eps was good but that's like Intel...they are tweaking their margins. They have been a good company to date...that's why I didn't sell my entire position but I think their growth will be much slower going forward.

BTW I think they figured on the stock split when they were up at $70. But I agree, at this price its stupid.

ted