If you people are smart, you buy AFTER the split not before. Many stocks are notorius for dipping in the days after a split, just before the big run up. Almost NEVER by a stock just before a split.
AMD and the last split of Aug 23, 1983. Granted, the second day it dropped a half, but next few trading days started North.
Good point! However, most of the people that owned back then are dead now.
Very good advice, you are exactly right !
by analysts are all very low, as usual.IF(a big if) AMD revenue falls to the bottom line atthe same rate as the DELTA revenue from Q1 to Q2 inQ3, AMD will make very close to $1.70 per share aftertax.Q3 Revenue should be around 1.3 Billion. Deltarevenue in Q2 vs Q1 dropped to the bottom line at over80% pre-tax (64% post tax).So adding another130M in revenue, at teh Q2 vs Q1 pace, could addaround 80 Million in after tax profit in Q3 vs Q2.$1.68.Of course, if Athlon ASPs hold up it could easilybeat that -- My model shows Athlon/Duron ASP decliningto $144 this quarter (From $190 in Q2), and K6 ASPat $51, Blended ASP at $99.I can't say forsure if AMD will make $1.70 or $1.40, but the analystestimates of $1.25 are way low.Long the Dog.