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

To: 5dave22 who wrote (117222)	6/22/2000 7:03:00 PM
From: niceguy767	Respond to of 1570208

5dave22: Re: "Analysts are expecting a profit of 62 cents a share in the fourth quarter and $1.83 a share in the fiscal year." "Niles added that Micron's stock should double from its current price in the next 12-18 months." Comment: I see MU is currently trading around $87...and with such stellar results can be expected to climb back into the $90's and beyond before very long...I realize I'm beating an old drum and all, but realistically, where should a company in the same general industry as MU, trade when it releases Q2 earnings around $1.83 (i.e equal to MU's whole year earnings)and a likelihood of $7.00 or better (i.e over 3 times MU's) this fiscal year? Niles is calling for a double based on MU's results...DRBES, looks like your upside target range between $500 and $1,000 for AMD is becoming less unrealistic by the minute!!! Re: "Last week Lehman Brothers analyst Dan Niles said Micron would benefit from surging PC demand and improving prices and margins on high-speed microprocessors. People are buying more powerful machines, Niles said. And corporate demand, since late February, has been picking up every week, every month-- and especially in the early part of June, it really started to pick up." Comment: Can't imagine AMD not benefitting from same set of factors in Q2 as has MU, not to mention Q3 and Q4...Looking more and more like an upside AMD surprise again in Q2!!! Fasten your seatbelts...Once out of the current short term range (no more than 2 weeks, probably less than 1) of approximately $88 to $100, another significant move by AMD can expected...My crystal ball says breakout will be to the upside of this trading range (see triangular formation on 3 month chart), and may propel AMD to around $120 fairly quickly...

To: 5dave22 who wrote (117222)	6/22/2000 7:31:00 PM
From: Jim McMannis	Read Replies (2) \| Respond to of 1570208

Things have to be good if MU can blow away estimates.... Too bad we have this heated up economy to dampen things... Jim