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

To: TimF who wrote (33165)3/23/2001 6:16:16 PM
From: niceguy767Read Replies (1) | Respond to of 275872
 
twfowler:

"But the market negativity can continue or get worse. Do you think that the NASDAQ has now hit bottom?"

If I had to guess, yes...but in any event, AMD has now been recognized by big-time investors as being wildly undervalued at $29...A comparison of AMD/INTC Q1 earnings will confirm such for even the diehard naysayers in our midst, I'd guess!!!



To: TimF who wrote (33165)3/23/2001 6:21:08 PM
From: Neil BoothRespond to of 275872
 
Do you think that the NASDAQ has now hit bottom?

Nope. Just look at the P.E. ratios on most stocks; they're way too high. For example, um, INTC has a forward looking P/E of 40. Since we looked at forward-looking P/Es on the way up, we should not revert to current P/Es now just because it's more convenient for the bull story.

Neil.


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