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

To: Mani1 who wrote (114965)	6/8/2000 2:58:00 PM
From: 5dave22	Read Replies (1) \| Respond to of 1583507

Thread, just curious - what is the next step for a split. Now they have the authorized shares, do they have to have another vote for a split? TIA, Dave

To: Mani1 who wrote (114965)	6/8/2000 3:16:00 PM
From: niceguy767	Respond to of 1583507

Mani: Re: "Very nice report. I just hope we finally eat through all the supply between $87 and $87.5 so we can move higher." Comment: So far strong centre of gravity does seem to exist in the $87 +/- $1.00 range...Need a pickup in volume to reach escape velocity once and for all! (I still can't believe AMD retraced to its current $86-1/2 from $90.50 this AM.) Last 45 minutes might be interesting...hopefully in a positive vein!

To: Mani1 who wrote (114965)	6/8/2000 4:59:00 PM
From: Petz	Read Replies (2) \| Respond to of 1583507

Mani, I've been out of town for almost a week. I almost choked when I saw Monday's high and couldn't take advantage of it to get rid of the rest of my June calls. Does anyone have the opening price for June 90's on CBOE? I sold at 5 1/2 on a limit GTC order. Of the news I caught up on, I think the Chase brokerage report which says that taxes might have to paid THIS quarter is very very positive. The sale of the COMM division isn't supposed to "clear" this quarter, and even Tad La Fountain was expecting the first taxes in Q3, so it must mean that profits in Q2 will be astronomical. The Chase report also debunked rumors of "low yield" which may have been holding back the stock. Finally, is AMD's stock price consistent with NSM's stock price? NSM made 0.68 (0.69 untaxed) and sells for 63, an annualized PE of 22.8. Pretty darn low for a company that grew revenues by 22% and expects them to grow 30% next year. But AMD's stock price is even more ridiculous at 87. If earnings come in at $1.25 untaxed (95% probability they'll be higher), AMD should be selling at 114. And in the case of AMD, sales growth was 73% year-over-year in the last quarter compared to NSM's puny 22%. I'm buying more AMD tomorrow, its just ridiculously cheap. Petz