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

To: dale_laroy who wrote (14023)	10/15/2000 12:35:20 PM
From: niceguy767	Read Replies (2) \| Respond to of 275872

dale: "I think you are being a bit optimistic. Certainly, AMD should not be trading below 50, but 150 is way too high in today's market. I think 100 by the end of 2001 is more realistic." Comment: No doubt today's market has a negative pall hanging over it, whether real or imagined is anybody's guess...My point is that in this negative market $50 can be rationally justified as could $150 in a more favourable envrionment...In this market $22 is as crazy as would be $175 were today's general market climate more favourable...Although $175 a year from now might not be so crazy when AMD's Dresden is operating at full throttle and 30% market share is a given...