Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: TimF who wrote (115252)	6/9/2000 10:01:00 PM
From: niceguy767	Respond to of 1571365

Tim: Not so sorry Cory (at $90) has been invisible since the $30's...I'm just happy for him that he did pick up some AMD then despite his posturing to the contrary! Just hope he hangs onto AMD 'til yearend as I can't identify any other stock that is likely to outperform AMD between now and Dec. 31, 2000...Trade the others as you like, but I think you'll be hard pressed to surpass the return offered by holding AMD at its current $89 come December 31, 2000...

To: TimF who wrote (115252)	6/10/2000 3:50:00 PM
From: pgerassi	Read Replies (1) \| Respond to of 1571365

Dear Tim: I am a "newbie" in directly purchasing stocks. AMD was my first, second, and now fifth direct stock purchases. In my 401K accounts, I have invested in 5 different stock mutual funds mostly value and / or growth. I still keep a significant amount in cash (although not as much as I used to). All I can say is "WHAT A GREAT FIRST PUIRCHASE" AMD was. I now have 220 shares purchased at various times for a total with commissions of $10,445. I also picked up 19 shares of MIPS two months ago (now its up more in percentage terms than my last two purchases of AMD) and 64 shares of XICO (still under a little due to NAZ sell-off but only because of commission and only three weeks). AMD thus comprises only around 40% of my overall holdings but, at the rate it was and will be rising, it will shorty dominate my holdings. I concur that it is still one of the most excellent buys at this price. IMHO, it will make somewhere between $6 and $12 per share even post taxes this year. Next year, it should make twice those numbers. Thus, depending on PE's and future roadmaps, it could be anywhere from $240 to (dare I say it?) $1200 per share. At the lower end, it will be good, and at the higher still somewhat conservative number, it will still be a great stock. Of course, if it reaches beyond the higher number, I will be VERY happy. In any case, I will always be open to sell, if it becomes highly overvalued or they do something "Really Incredibly Stupid to my Knowledge". Pete