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Technology Stocks : Advanced Micro Devices - Moderated (AMD) -- Ignore unavailable to you. Want to Upgrade?

To: Scumbria who wrote (2603)	7/28/2000 1:27:49 AM
From: Hans de Vries	Respond to of 275872

Scumbria: Close enough. I don't see this going down much more, if at all. There are only so many suckers out there wanting to sell at the bottom These "after-earning happenings": LSI, NOK seem to relate last years revenues and stock price with todays earnings and stock price. This is logical isn't it. I hope that they don't apply this logic to AMD (twice last years revenue => twice last years stock price....) The Institutions won't but they will be happy to buy any "s#ckers" shares. (We as well don't we...) Don't want to scare you :^) Regards Hans.

To: Scumbria who wrote (2603)	7/28/2000 1:29:30 AM
From: Charles R	Respond to of 275872

Scumbria, <I don't see this going down much more, if at all.> I felt that way at 80 and clearly that is more true now but who knows..... <There are only so many suckers out there wanting to sell at the bottom.> Look at the volume today. Quite a few suckers, eh? The question is is this the center of sucker distribution or the tail? This company expects to earn about a Billion dollars in profit this year and is valued at $10B. Athlon effect on ASPs is just now kicking in. To top it off, Sledgehammer is due in 2001 and Intel doesn't have much to compete until 2002. I continue to be amazed how irrational this market can be. Chuck