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

To: Maverick who wrote (5580)	8/18/2000 2:23:35 PM
From: niceguy767	Read Replies (1) \| Respond to of 275872

Maverick: Thanks for the post...Looks like the analysts are starting to believe in AMD...I doubt AMD'll be at this level ($70) for very long given the increasing analyst interest...Just can't ignore outstanding performance and obscene (?) profitmaking any longer!!! The positive trend in company fundamentals over the past year is becoming apparent to most observers...and what's more the projected trend for AMD looks even brighter!

To: Maverick who wrote (5580)	8/18/2000 2:33:31 PM
From: Petz	Read Replies (2) \| Respond to of 275872

Maverick, <Analyst Joe Osha said he raised his estimates for global revenue growth for the chip industry to 40 percent from 32 percent for 2000 and to 26 percent from 21 percent for 2001> The problem with AMD's stock price is that no one is predicting anything near 21% growth in sales for 2001 -- which would increase profits 50%. The average potential new investor looks at the predicted earnings for 2000 and 2001 ($5.05 and $5.11), says, "AMD is at peak earnings." If I really thought $5 was AMD's peak earnings, I'd discount it by 50% (the average between breakeven and $5) and slap on a 30 PE, and, voila, the target price is $75. When we start seeing more (is there any?) $6.XX and $7.XX estimates for 2001, AMD can break through 100 (50 post split). Petz