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


To: niceguy767 who wrote (10213)9/25/2000 4:03:44 PM
From: jcholewaRead Replies (2) | Respond to of 275872
 
> If AMD surprises positively, then AMD finally reaches escape velocity, a velocity maybe even enough to test its
> all-time high of $48.50 (and why not...as AMD is significantly stronger now with the Micron, Tiny and HP
> contracts, amongst others, announced since reaching that all-time high)and possibly achieve price parity or better with
> INTC!!!

Question: If AMD achieves "escape velocity" (definitely possible because of the subdued expectations and the fact that AMD, I'm told, likes to shoot up around that part of the year), what price do you realistically think it will reach by, say, November 3rd?

Just an idle bit of curiosity. That day is my birthday, and I wouldn't mind waking up several thousand dollars richer by then. :)

-JC



To: niceguy767 who wrote (10213)9/25/2000 4:20:43 PM
From: MaverickRead Replies (1) | Respond to of 275872
 
Co. doesn't normally issue good news, then shortly followed by a negative
news a few days later, especially during the quite period
before the earnings. Most cos flush out the bad news first, then issue good news later.
I would have been worry if AMD didn't issue any news today. AMD is home free.
It will beat ZAck consensus EPS of $0.62/shr on 10/11.

Date Release Time Actual Zacks Yr-ago Revenue
11-Oct-00 Confirmed After 0.62 -0.36
19-Jul-00 After 1.21 1.15 -1.10 96.7%
12-Apr-00 After 1.15 0.46 -0.88 72.9%
19-Jan-00 After 0.43 -0.06 0.15 22.8%
06-Oct-99 After -0.72 -0.98 0.01 -3.5%
14-Jul-99 After -1.10 a -1.30 -0.45 13.0%
14-Apr-99 Before -0.81 a -0.65 -0.44 16.8%
13-Jan-99 After 0.15 0.18 -0.09 28.6%
06-Oct-98 After 0.01 -0.17 -0.22 15.0%
08-Jul-98 After -0.45 -0.20 0.07 -11.5%
07-Apr-98 After -0.39 -0.24 0.09 -2.0%
13-Jan-98 After -0.09 -0.15 -0.15 23.4%
07-Oct-97 After -0.22 -0.05 b -0.28 30.6%
08-Jul-97 After 0.07 0.22 -0.33 30.7%
07-Apr-97 After 0.09 -0.01 0.06 a 1.4%



To: niceguy767 who wrote (10213)9/25/2000 5:31:30 PM
From: maceng2Read Replies (1) | Respond to of 275872
 
niceguy767,

During 1998 and 1999 AMD just about achieved "survival velocity". They did a great job as many of you know.

These days several companies, AMD included, have to post incredibly good results just to keep the stock at par. It's a time of consolidation in this latter day bull market. This market condition has to be tested before we see any further move up IMHO. One or two "breakout" stocks might do the trick, but it will take more then a typical good performance and even more patience.

One thing to keep an eye on is any over-hype and a big run up into earnings. Then it might be an idea to take a little off the table in case there is selling into the earnings report ..no matter how good it might be. That way a full return can be sought from a potential good performance from AMD... this is just my view once again.

On the other hand I won't be selling at a loss on any on any market "the sky is falling" news either.

I think AMD should do well before XMAS this year. In the longer outlook.. it's prospects look good to me.

regards,

pearly.