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

To: that_crazy_doug who wrote (4920)	8/14/2000 9:56:01 AM
From: f.simons	Read Replies (2) \| Respond to of 275872

>>Okay, forget YOY, would you consider 13% sequential growth to be slow? That's 60% yearly growth, which seems very good to me.<< Doug- Those are all great numbers. I agree, ok? Let me say it one more time: I AM NOT SAYING AMD DID NOT HAVE A GREAT QUARTER. I am simply trying to explain the market's reaction. AMD earnings were up 31% sequantially. In case you haven't noticed, the last couple quarters, Q2 in particular, the market disregarded earnings growth and paid more attention to REVENUES. AMD was not the only company with great earnings and weakER revenues that did poorly after reporting. AMD can't continue to grow at the same rate it did the last 12 months. You need to get used to that fact, just as we Intellabees have had to get used to it. AMD stock has had a great runup even after the recent troubles. Anyone who expects that runup to continue indefinitely is living in la-la land. Frank