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

To: DRBES who wrote (51460)	3/2/1999 8:40:00 PM
From: Cirruslvr	Respond to of 1583694

DRBES - RE: "I am just going to hang on for the long term: 3-5 years." I don't have full confidence in AMD to hold on for that long. I lost the trust I was going put into the company when the December production problems were announced. That one problem massively set back the company. Because of that, not enough K6-2 400s were made in Q4, the K6-2 450 was delayed, and the K6-III still isn't in volume production yet. That one problem cost AMD the trust of most of its shareholders and stock analysts. If AMD didn't have that problem, they would probably easily have made over $0.30 a share, and this quarter they probably would have been only a little lower because of the Intel price drops. Also, the stock obviously wouldn't be where it is now. AMD-based PCs obviously sell better than Intel ones, but we don't know if AMD will be able to supply enough higher MHz chips... If you want to invest in a company for the long term, look at NTAP, EMC, CSCO, DELL, heck, even Intel whenever it settles down (although the stock will probably move up slower than the rest I have listed).

To: DRBES who wrote (51460)	3/2/1999 11:42:00 PM
From: Paul Engel	Read Replies (2) \| Respond to of 1583694

dbereres - Re: "The real greatest upper bound to the stock price is somewhere from $500 to $1,000 ." What asylum have you escaped from? AMD has never been above $48 and today at $18 they are at the same place as they were in 1983 ! They have lost money in 8 out of the last 13 quarters and TAX LOSS carryforward benefits have accounted for 2 of the 5 "gains" in those "earnings surprise" quarters. AMD 's NET EPS for the past three years is a LOSS OF $1.34. And you are predicting a $100 to a $1000 STOCK PRICE ! STAY LOONEY TUNED Paul