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

To: Paul Engel who wrote (48622)7/22/2001 2:38:01 PM
From: kapkan4uRead Replies (2) | Respond to of 275872
 
<Since you are OUT, you must think AMD is NOT a good buy at this point.>

I am out because I am bearish on global economy.

<How low do you think it will tank to?>

Again, it will depend on the global house of cards. AMD is much stronger than two years ago, but the global economy is much weaker and deteriorating. When investors start running for the exits regardless of costs, company fundamentals don't matter any longer. I imagine it can go to around $6 then.

Kap



To: Paul Engel who wrote (48622)7/22/2001 2:38:49 PM
From: LAURIE SELINERead Replies (1) | Respond to of 275872
 
C'mon guys. 7x = 14%. 20x = 5%. You're still beating the bank.


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