Advanced Micro Devices Inc (AMD)

[HailMary]

AMD may have a total market cap exceeding a half of a trillion dollars by then.

I would be sitting on the beach drinking $50 drinks surrounded by gorgeous women staring at my 100 ft. yacht long before this ever happened!

We can all dream. I would be happy with $30 at this point which would be a triple for me. I expect we'll see $30 before the Q4 earnings announcement in january, and then I'll reassess AMD as an investment at that time. 2004/2005 look great. My big question is, what is going to happen to AMD in 2006 once Fab 36 is online. With 2 fabs running and one being 300mm, AMD could potentially supply about 40-50% of the entire CPU market, but not without an ugly fight. I'm not sure I have the stomach to hold AMD through such a period. This is also about the timeframe Intel will start coming on strong with cores beyond the lacking P4 derivatives, and that could be a whole new playing field.