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Politics : Formerly About Advanced Micro Devices

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To: Scot who wrote (93228)2/15/2000 11:05:00 AM
From: steve harris  Read Replies (3) of 1581855
 
Scot, thread,

biz.yahoo.com

Tuesday February 15, 10:16 am Eastern Time
RESEARCH ALERT - Advanced Micro EPS view raised
NEW YORK, Feb 15 (Reuters) - Banc of America said it raised its 2000 earnings estimate on Advanced Micro Devices Inc. (NYSE:AMD - news) to $2.35 a share from $2.05 a share due to strong business fundamentals.

-- said raised the 2001 earnings estimate to $3.25 a share from $2.50 a share.

-- said ``significant upside exists' on the earnings estimates for 2000 and 2001.

-- said Advanced Micro is "off to a fast start in 2000."
-- set a price target of $75.
-- said reiterated a strong buy rating on the stock.
-- shares of Advanced Micro gained 3/16 to 43-3/8 on the New York Stock Exchange.
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