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: f.simons who wrote (121036)	7/27/2000 9:24:27 AM
From: Joe NYC	Respond to of 1573215

Frank, This old piece of sophistry has been around a long time. It assumes a stagnant world worth and can be made for any company with good earnings, even AMD. Add a few years onto the numbers and the same thing happens with AMD. The question was not whether Intel would double every 18-24 onths forever, but rather what my "metric" was. The remarkable fact is that Intel has been one of the world's largest companies for a long time and STILL manages to achieve this kind of growth. No sophistry. Add to this assumption an optimistic growth of the world economy of 5% per year, or subtract 5% from Intel's "growth rate" and you will get numbers very similar to what I said, with the key dates delayed by a few months. You can even add the inflation and the story doesn't change very much. Joe