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Technology Stocks : Amazon.com, Inc. (AMZN) -- Ignore unavailable to you. Want to Upgrade?

To: hueyone who wrote (159142)	8/29/2003 2:13:24 PM
From: Lizzie Tudor	Read Replies (2) \| Respond to of 164684

well the thing is, if Fred Hickey is saying he is buying AMD on "fundamentals", then I would say that is about the same bet as buying amazon though, because the real value players reject the P/S notion completely I thought. AMD is slightly less than 2x sales. AMD is really one of these companies that has never been able to make anything in the way of profits for its entire existance apparently. I'm a little at a loss because they own a Fab and there are some economics in that. Fabs are great assets to have in the boom times but cost a bunch in the bad times I guess. We know the internet portals are cash generation machines. So there is a light at the end of the tunnel for amzn, I think you have to admit amzn's financials are looking better now than they ever have. Still a bunch of debt but it is manageable. With AMD, the only company out there that can manage profitability with a fab is intel. Most of the chip players are all fabless now. I guess the point I'm trying to make here is that the real value players shouldn't be playing tech, if they really are value players. AMD is just a speculation on Hickey's part imho. It is a good call though I have to admit that.