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Politics : Formerly About Advanced Micro Devices

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To: Scumbria who wrote (125545)10/9/2000 11:11:27 AM
From: milo_morai   of 1577191
 
<font color=purple>CNNFN 10/9/00 - 11:04 AM... of 25%. Revenues this year are expected to jump 37%, then moderate over the next two years, before taking a slight downturn in 2003. And a separate report predicts gains for advanced micro devices in europe. The research firm, grk group, forecasts AMD will increase its european market share from 8 to 12% in july and august. Intel recently reported a drop in its demand from europe.. Valerie: For a look at how chips are doing we go to charles molineaux at nasdaq marketsite. >> Look at good news. To bad they're down about 5 1/2% as a group the philadelphia semiconductor induck bound by 44. Look at some of the big name. Altera off by almost 10%. Nvidia off by $5 and xilinx down by 6 bucks. So the overall market trend and overall downward drag on a lot of the tech names ask having more of know affect than good news about chips. Nasdaq down at a new session low of 3253 down 107 and also a couple of names in trouble. Electroglas is expecting to... tveyes.com

Milo
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