Formerly About Advanced Micro Devices Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : Formerly About Advanced Micro Devices

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Scumbria who wrote (65444)	7/15/1999 1:04:00 AM
From: Maverick	Read Replies (1) of 1574133

ASP'll slip to $55;k7 won't ship in vol till nxt yr;Atiq resigning Advanced Micro Devices (AMD 18 +15/16): Well the good news is that the Company managed to beat lowered expectations, which ranged from a loss of $1.26 to a loss of $1.37, by a wide margin... The bad news, though, is that AMD didn't give investors much to look forward to as it noted that due to competition from Intel, further gains in revenue growth or unit market share for its K6-2 microprocessor were unlikely, and unfortunately, its K-7 chip isn't expected to ship in large volumes until at least the end of the year... In addition, avg. selling prices are expected to slip to the mid-$50 range in Q3, down from $67 in Q2 and $78 in Q1-- not good for a company that saw K6 unit sales slip in Q2 to 3.7 mln from 4.3 mln in Q1 ... Also reported that its President, COO, and CTO, Atiq Raza, is resigning for personal reasons. From Briefing.com

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next