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


To: david alexander who wrote (111746)5/21/2000 9:09:00 PM
From: crazyoldman  Read Replies (2) | Respond to of 1579850
 
Hello david_alexander,

Re: Interesting that even with great forward looking earnings we can't get through the 90-93 range. Suggests to me that many are still doubting the story. At 83 and with $5+ in earnings coming up AMD still trades at less than 20 times forward earnings. A bargain for a stock with good earnings visibility.

Wall Street investors in general don't have a clue to what's going on here, they are way behind the power curve (many here say this board is 6 months to a year ahead of the market). For example, routinely we hear the media categorize the dotcoms as technology stocks and the average investor believes it!

The one thing that the average investor does understand is profit, raw unadulterated profit. The average investor will soon understand AMD and soon will gladly exchange his money for your shares.

Kindest regards,
CrazyMan



To: david alexander who wrote (111746)5/22/2000 2:38:00 PM
From: tejek  Respond to of 1579850
 
Interesting that even with great forward looking earnings we can't get through the 90-93 range. Suggests to me that many are still doubting the story.

David,

At this point I think its more a factor of the markets and the fear of recession, then something having to do with AMD.

Most tech charts including Intel's are badly broken. AMD's is not....that says a lot.

ted