AMD's response

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Dadofamunky

Platinum Member
Jan 4, 2005
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Originally posted by: Viditor
i have made money on amd, but their stock is just too high now. hell it is stiill probably too high at $34 and change

That is certainly an understandable reaction on first blush, especially considering past pricing. However, consider that AMD's estimated income per share has increased from $.62 to $2.00 in the last year alone...and that's just the average estimate.
Your idea about Intel is a sound one IMHO, but you might want to wait until after this quarter's earnings...it's expected to be pretty ugly (they did warn mid-quarter). I can see Intel getting down even further (maybe $15 or so).

Man, talk about threadjacking! That's cool though, it's all good in this case. I think you're definitely right about Ruiz, he really has done a good job so far. Maybe someday I'll be able to own a portfolio again.... *SIGH* :roll: