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Politics : Formerly About Advanced Micro Devices

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To: Petz who wrote (102479)4/6/2000 12:18:00 AM
From: Jim McMannis   of 1576130
 
John,
RE:"In Japan, Sanders said AMD would meet its goal of selling 1.2 million Athlon units. If the stock rises past 75 and 1.2 million is exactly what we get, there may be a mild selloff."...

I would be very disappointed in 1.2 milliom Athlons.
As far as seeling off. Technically I will see how far up AMD runs into earnings day. If concensus is say .50/share and they do anything less than say $.70/share, it might sell off and stay down a while. If it's say $.85/share or better, it might dip but it's likely the stock will be bought back vigorously in short order. Anything over $1.00 and forget about a selloff. It will be a mad rush.
The conference call will also be important. If Spitfire and Dresden are on track, the stockholders will have something to look forward to and I'd expect the stock to be supported.
Production problems, well you know what would happen then.

Jim
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