Yes, the numbers in AMD processor names are for reference speeds. AMD's processors typically run physically slower than Intel's, but they are more efficient. Basically, it's like nick said. 3400 means it runs roughly equivalent to a 3.4GHz Pentium.
so like if you have an 2800.+ you just move the decimal place 3 over to the left, ?? kind of?
wat about an XP 3400+ wat is taht equivalent too?
other then a 64 3200+? they both have 2.2 so does that mean they both equal 3.2