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


To: Joe NYC who wrote (75296)3/22/2002 12:18:55 PM
From: YousefRespond to of 275872
 
Jozef,

Re: "What exactly are you saying? To me, it doesn't appear that the AMD stock price
is where it is as a result of some kind of hype, or that it is grossly undervalued ..."

What I am saying is that the vast majority of AMDroids believe that
the stock is undervalued. You are definitely in the minority.
Many on this thread try to justify this position (AMD undervalued) by
HYPE'ing AMD (low cost producer, best technology, ...) and ignoring
the financials. Based on what I know today, I expect AMD to report
a loss for Q1/Q2 with a return to profitability "possible" later
in the year as the economy improves. AMD has lost market share recently and
unless overall CPU volume rises (or AMD significantly lowers expense -> layoffs),
then AMD will have a hard time making money.

Make It So,
Yousef