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 Technology Stocks : Advanced Micro Devices - Moderated (AMD)

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To: niceguy767 who wrote (205211)7/13/2006 1:33:27 AM
From: BuckwheatRead Replies (1) of 272312
 
Hey, always appreciate another point of view too...but, even with Dell, I suspect that AMD will not recapture $30 pre-Q3 earnings, owing to, imo, a HUGE overreaction when AMD charged up past $40 back around Jan.

Perhaps a test of that, so far anyway, uncontested all-time high of $48.50ish is still far away.

Anyone else still remember that $48+ high? Only a few months later AMD was trading a 6 times trailing earnings and Jerry was spreading good news stories everywhere. We just couldn't understand why AMD was falling like a rock.

(WS can be very, very unforgiving as well as fickle!)
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