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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: Maxwell who wrote (38635)	10/7/1998 2:52:00 PM
From: Milk	Read Replies (1) \| Respond to of 1575520

Just checked the quote - Ouch... Can't believe we're at $16 again. Don't you just hate good news! Milk

To: Maxwell who wrote (38635)	10/7/1998 2:57:00 PM
From: Dale J.	Respond to of 1575520

Man I hear you. It makes no sense for such a strong sell-off after beating estimates by a considerable amount. The whole market is starting to look precarious. I bought some DOW dogs (Boeing, 3M, and HWP) at their 52 week lows and so far they only proceeded to break new 52 week lows.

To: Maxwell who wrote (38635)	10/7/1998 4:04:00 PM
From: Paul Engel	Respond to of 1575520

Maxwell - re: " Everytime AMD reports a good news its stock tank. We sure don't need any more good news soon. " Maybe Jerry will oblige you next quarter. Paul

To: Maxwell who wrote (38635)	10/7/1998 5:10:00 PM
From: Jeff Fox	Respond to of 1575520

Maxwell, re:"AMD should have reported a loss of ($0.05) and I bet you AMD wouldn't have tanked down this low." You may be on to something here, certainly the market ignored the "surprise". I suppose the market is in no mood for surprises of any kind. Perhaps AMD did goof here. Up to yesterday the AMD P/E ratio showed as "N/A", familiar and forgotten by AMD investors. This changed to something like P/E = 497 (price/(4 times earnings)). This might have attracted attention. If so the market might just be doing a "correction" to a reasonable P/E? Jeff