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


To: maceng2 who wrote (16973)10/31/2000 5:09:48 PM
From: crazyoldmanRespond to of 275872
 
Pearly_Button, Re: $385 dollars for a 1GHz ATHLON processor...

I think I saw a place selling 1 GHz TBird for $272.

Kindest regards,
CrazyMan



To: maceng2 who wrote (16973)10/31/2000 5:29:47 PM
From: niceguy767Respond to of 275872
 
Pearly:

The market can't ignore the reality of AMD's world leadership in both its flash and microprocessor divisions any longer...They'll probably show earnings this year of $1 billion (including sale of Comm. division) and with yesterday's landmark and major evolutionary achievement with its DDR/1.2 gig Athy and today's announcement of a 3 year flash contract with Nortel, it looks like AMD could post revenue growth of 40% next year and exceed this year's $1 billion in earnings...There just aren't quality tech companies with this kind of explosive revenue/earnings growth potential and a p/e multiple under 10...Reminds me of Intel, many many years ago!!!