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

To: niceguy767 who wrote (36164)	4/17/2001 11:20:51 PM
From: Joe NYC	Read Replies (2) \| Respond to of 275872

ng, If you remember my post from this morning, I kind of predicted the reaction - Intel's revenue is less than 25% down, and it is received as good news, which it is to anyone expecting 25% decline in revenues. AH is just one indicator. We need to get AMD earnings, some digestion of the info and option expiration behind us before we can reasess. But as long as Intel is at $29 with lower earnings, higher PE, lower growth, AMD has a room to go up to reduce the disparity. Suppose Intel crashed to $10. What do you think would happen to AMD short term? Joe