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

To: peter_luc who wrote (3694)	8/4/2000 4:06:19 PM
From: Mani1	Respond to of 275872

Peter re <<I am really desperate. I feel like in October last year. Shell I sell to save what is still left or hope for better times? >> I have no clue :) In less than 2 months AMD will be trading at a trailing PE of 16! Pretty amazing if you ask me. And usually when you think all the wheels have fallen off, is when it is time to buy. AMD is far from a sure thing right now, but it is hard to argue that it is not a good value play. Mani

To: peter_luc who wrote (3694)	8/4/2000 4:08:13 PM
From: Gopher Broke	Read Replies (1) \| Respond to of 275872

Peter, AMD may drop a bit more if the market goes down again, but I would not count on it. Now is a dangerous time to sell because you will then have to try and time your reentry, which will be really tricky at these levels. If you are getting depressed by what you see then stop watching so closely. Enjoy the summer. October earnings and January earnings will put AMD at least double where it is today regardless of market conditions. So we have to wait six months. It is not so bad.