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DewDiligence

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DewDiligence

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Re: Haddock post# 5554

Wednesday, 06/18/2003 6:15:05 AM

Wednesday, June 18, 2003 6:15:05 AM

Post# of 152242
>> Here is the explanation: The market has very low expectations for AMD. <<

I would argue that AMD’s stock price implies that the market has rather high expectations for the company --i.e., that the company will survive.

“The efficient-market hypothesis may be
the foremost piece of B.S. ever promulgated
in any area of human knowledge!”

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