Advanced Micro Devices Inc (AMD)

[bobs10]

AMD has gotten alot of good press recently, but when analysts start predicting a 2 bagger within 2 years I can't help but wonder if we're getting pretty close to topping out. It will be interesting to see if Q3 earning throw a "cold shower" on the party or if the runup has been justified

ME...

I hear you. Sizzle will only take AMD so far, eventually it has to cut pig. Personally I think AMD is going to report very good earnings. As to whether those earningw will be enough for Mr. market remains to be seen. In any case unless the momentum guys move AMD well past reasonable pricing I'll probably hold and hope for the best.