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

To: niceguy767 who wrote (4298)	8/10/2000 1:46:43 PM
From: Paul Engel	Read Replies (1) \| Respond to of 275872

Re: "Great news on all fronts for AMD for the foreseeable future as AMD is a relatively small company and as such has gobs of upside growth potential...Just caught in the SOX negative slipstream at the moment...When the turnaround takes place, and it will, given my perception of outstanding fundamentals, I won't be surprised by an equal and opposite price ascent...Too much quality future earnings potential here for this "price abuse" for longs to continue much longer...Difficult to see any sunshine given the new near term lows (current $57-1/2...4.14 million shares) being established today, but that usually proves to be a great time to be a buyer...Where the bottom is, we'll find out soon enough, I hope...I just can't rationalize anything under $87 from a company fundamental perspective...unless of course record earnings for Q3 and Q4 are not in the cards...something which I highly doubt is the case!!! " I can see you waving those AMD Pom Pom's as you chant this little cheer.