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Politics : Formerly About Advanced Micro Devices

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To: niceguy767 who wrote (102625)4/6/2000 4:11:00 PM
From: James Lee Baldwin  Read Replies (3) of 1574649
 
Computer and chip makers were up on NYSE as well. Compaq Computer Corp. (CPQ)
gained 1.19 to 29.06, being the second most traded stock on the exchange. The
rise is due to news that Saudi billionaire Prince Alwaleed bin Talal has
recently invested $1 billion in technology stocks - $400 million of which were
in CPQ shares. Although not in the prince's portfolio, Advanced Micro Devices
Inc. (AMD) gained 3.25 to 71.62. Yesterday, AMD's shares rose more than 10% to a
new 52-week high, after the company said it expects first-quarter sales to top
$1 billion.
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