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


To: Yousef who wrote (43708)12/21/1998 3:55:00 AM
From: TBF  Read Replies (2) | Respond to of 1572604
 
To all,
I am impressed with the technical knowledge of some of you guys, but if it doesn't translate to forward earnings it doesn't have practical value for investors.

The 1/5/99 issue of PC indicates AMD had 68% of CPU market for under $1000 win PCs and about 34% of overall market. This is up from 27% a year earlier.

It seems to me that earnings must approach $2/sh in '99 to justify a $40/sh price objective. The mean earnings estimate on First Call is about $1.04/share--up from $.99/sh a few weeks ago.

Does anyone on this thread have a reason to believe earning can realistically exceed 1.50-$1.75/sh? If not we should probably ride some other horse or sell covered calls on AMD.
TBF