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

To: Cirruslvr who wrote (45068)	1/7/1999 2:05:00 AM
From: Petz	Respond to of 1571881

Cirruslvr, that was a good summary of what's ailing AMD stock right now. I'd add one other negative: disbelief in AMD's ability to continue to grow earnings in 1999, especially with new products (K6-3 and K7) replacing the old. I say this because Prudential, which has one of the highest street estimates for Q4 ($0.30) has an estimate of only $1.05 for all of '99! What do they expect? An earthquake in Texas and fire in the Dresden plant? It may just take a little time and good news about K6-3, K7 and Dresden to make them realize that a company that could earn half of what Intel will make in '99 (per share) is worth half its stock price. Petz