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Politics : Formerly About Advanced Micro Devices

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To: Cirruslvr who wrote (79394)	11/11/1999 1:39:00 PM
From: Wally Mastroly	Read Replies (1) of 1573512

From Reuters/yahoo newswire: AMD Sees Break-Even Fourth Quarter dailynews.yahoo.com SUNNYVALE, Calif. (Reuters) - Advanced Micro Devices Inc (NYSE:AMD - news). >Chairman and Chief Executive W.J. Sanders said on Thursday that business ''looks terrific'' and the integrated circuits maker should break even in the fourth quarter. According to First Call/Thomson Financial, analysts' consensus estimate for the fourth quarter is a loss of 36 cents a share. Sanders told a meeting with analysts that revenues in the fourth quarter should exceed $800 million, which he said would be a record. The company expects to ship 1 million Athlon processors in the quarter, surpassing its previous goals, and expects to produce an 800-megahertz version of its Athlon processor in the first quarter of 2000, about three months ahead of schedule, he said. AMD's prior guidance that it would ship 5 million microprocessor units in the fourth quarter now appears to be conservative, he said, adding, ''It appears to be a floor.'' <

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