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CNBC 4/13/00 - 9:18:57 AM .....cent estimate. Sales rose 73% to $1.09 Billion, driven by demandfor its athlon processors and flash memory chips. Shares of amd closed at about 63, but in extended hours trading. The stock's been as high as $76 a share continuing a recent run up. Let's get more details on this record quarter, and what the future is shaping up like for amd Joining us now from los angeles is jerry sanders, chairman and ceo of advanced micro devices. Good morning, sir, good to see i again. >> Nice to see you, mark. Mark: I hate to ask when did you stop beating your wife but the good news is the real earnings blew way the r away the estimates but the bad news is how come the analyst were not given a better idea how much you would earn. >> It is all about gig -- bits and gigahurtz, we got higher prices and mate higher margins. In the flash business it is about terra bits. We shipped 500 trillion bits last quarter. The leverage high, we have high investments so once we get past the break even level, the fall through to profits is high. We tried to indicate to analyst we would have a great quarter by points out revenues would grow to a billion dollars, -- through to 1 bill, 90 million dollars. We had record earnings out. Mark: Let me ask you this: Where are your chips going, are they going into consumer boxes, are they going into servers, do you know what is the main driver of your chip business? >> Sure we do. ..... |
