Look at 100+ PE companies in this industry and their financials. AMD is similar or better positioned than all of them. For the current propped up market, AMD is undervalued by 2x (merger dampening?). For a more realistic market (we haven't had one in many years, and who knows if we will ever have that "correction"), AMD is still 15% or so undervalued. Can't wait for Q4 ER and set the stage for the next leg up.$AMD(AMD)$