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

To: niceguy767 who wrote (13909)	10/14/2000 5:20:52 PM
From: Paul Engel	Read Replies (1) \| Respond to of 275872

Re: "In answer to your question, it would seem that one way or another, a significant revaluation of AMD's price is in the cards...either the market bids up the price or someone attempts to take them out, as imho, price maintenance at $22 is untenable in the intermediate term...As you know, I'm wholly perplexed as to why AMD is currently trading below $50...Honestly, the current $22 for AMD makes about as much sense to me as did the $200 short squeeze price in the example above...When the current AMD "crosscurrents" subside , I suspect that AMD's price revaluation will be of about the same order and intensity as was the price devaluation from $200 in the example cited...An AMD price below $50, based upon any relative analysis that I can come up with, just cannot be justified...In fact, one can on a relative basis, quite rationally support any current price in the $50 to $150 range, imho!!! Any price outside that range defies any rational evaluation, imho!!! " Are you running your tapes in auto-replay mode?