SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Advanced Micro Devices - Moderated (AMD) -- Ignore unavailable to you. Want to Upgrade?


To: rsi_boy who wrote (15614)10/23/2000 5:35:43 PM
From: rsi_boyRead Replies (1) | Respond to of 275872
 
Okay, my last post sounded a little niceguyish. Here's a more conservative forecast. Sequential earnings growth for the last three quarters was 110% 5.1% and most recently 4.7% (not counting comm sale). Let's say, very conservatively, earnings growth slows to an average 2.5% next year. Let's also say that the clouds of FUD over AMD don't ever dissipate and, at its most exuberant, the market never grants AMD a multiple above 12. That still allows for a 60% return on AMD from its present levels. Not bad for a rather pessimistic forecast.

t.