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


To: Joey Smith who wrote (45923)1/14/1999 11:17:00 AM
From: kash johal  Read Replies (1) | Respond to of 1570818
 
>Re: NO volume K6-3 until Q2. AMD will be lucky to get any 450-parts >out this quarter. This stock will be treading water (at best) for a >while.

Well you are probably right.

The analysts threw the book at AMD (just look at all the downgrades).

Seems to me that the market has overreacted.

Lots of other stocks seem over-priced so AMD at $24 is not too bad.

If it drops to $20-22 I will probably pick up some more.

I agree the k-3 delay will kill margins for this quarter.

I don't know if they can get out enough k6-2 400's/450's to keep average prices in the $80-90 range.

Regards,

Kash