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

To: kash johal who wrote (6699)	8/28/2000 3:19:18 PM
From: niceguy767	Respond to of 275872

kash: "Frankly a $20-30 stock price in Q1-Q2 of 2001 would not surprise me. Neither would a stock price north of $100 a share." I suppose anything can happen...I mean who'd believe Intel breaking $75 today while AMD, did I see it right, hit a low of $31-1/8...on a day when AMD is delivering retail quantities of 1.1 gig Athys and INTC is still struggling above 700 MHz... I just can't see AMD lower in Q1 or Q2 next year, given 3.6 and 7.2 million Athysa in Q3 and Q4 respectively...Even in a market crash, I can't see AMD at levels under $75 in Q1 and Q2...just too much of a stranglehold on the microprocessor marketplace with its Athy and the market is only now beginning to recognize AMD microprocessors as world leaders in the top end...Too much potential earnings ahead for AMD to languish at this level much longer!!!