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

To: Bruce A. Thompson who wrote (45436)	1/11/1999 2:40:00 AM
From: Jim McMannis	Respond to of 1572371

RE:"Looks like AMD is going to rip on Wednesday." Too bad Paul will have sold by Tuesday...<G>

To: Bruce A. Thompson who wrote (45436)	1/11/1999 3:28:00 AM
From: TBF	Respond to of 1572371

Earning of $.16/sh is not likely to cause a significant upward movement in stock price because it is near the consensus and therefore has been discounted into the stock price. IMHO it will take $.20+/sh or a favorable news release on future revenues and earning to cause upward movement above $30/sh. IMHO there needs to be expectations of earnings of $1.60-2.00/sh to support a price of $40/sh. As of this date, only one analyst of 20 projects earning at $1.60/sh or better. Any constructive opinions on this based on knowledgeable financial projections?