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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?


To: Don Earl who wrote (15596)10/7/2002 12:52:01 AM
From: TimbaBear  Read Replies (1) | Respond to of 78627
 
Don Earl

I show AMD with negative cash flow of $1.05/share over the last 4 quarters. I think it gets much cheaper unless somebody (like AAPL?) buys them out.

Timba



To: Don Earl who wrote (15596)10/7/2002 2:21:21 AM
From: Paul Senior  Read Replies (2) | Respond to of 78627
 
I'm considering adding to my few shares of AMD. Always a second fiddle to Intel, it nevertheless has sold at higher prices, at higher p/sales, higher p/book in years past. That they have endured and that they have around $1B in cash give me some confidence that they may live to fight another day.

'03 will be a loser year for earnings according to predictions (Yahoo). AMD has come back from losing years before though. Next year this time things may be looking up as investors (if there are any left) begin to anticipate a positive (perhaps) '04 for AMD. Of course, that's not to say the stock can't or won't go lower meanwhile.

jmo