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


To: Dan3 who wrote (65148)12/7/2001 12:50:53 PM
From: Joe NYCRespond to of 275872
 
Dan,

There may be money on the table, but going from 8.80 to 18.45 was too much of a temptation for me.

Joe



To: Dan3 who wrote (65148)12/7/2001 7:42:22 PM
From: eplaceRead Replies (2) | Respond to of 275872
 
Dan3...Now that it's become clear that AMD is continuing to gain in the CPU market, the two stock prices should move back to near equality fairly quickly.

Dan, the problem is that Intel is sporting a whopping 77 PE right now and we all know what happened to those forward looking estimates of a year or two ago. For years Intel traded with a PE in the 12-16 range. If it returns to that anytime soon, price parity could be at much lower prices for both stocks. Time will tell.

Regards,
Ed P.