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

To: Milan Shah who wrote (44872)	6/21/2001 8:28:02 PM
From: niceguy767	Read Replies (1) \| Respond to of 275872

Milan: "Since the ANALysts are running out of adjectives, the market now has no where to go but up..." Interesting thought and probably well supported historically...and there just aren't a whole lot of tech companies who will post an eps of $0.22 or better this quarter and, for that matter, not many that will post a positive eps this quarter...Given the likelihood that we are at or near the trough, a multiple of 40 to 60, cannot be considered out of whack...At $0.25 (i.e AMD) that translates into a price of $100 to $120!!! At $0.10 (i.e. INTC), that translates into $40 to $60!!! (They can't get there soon enough for my liking!!!)