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Politics : Formerly About Advanced Micro Devices
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To: chic_hearne who wrote (112103)5/23/2000 12:29:00 PM
From: Pravin Kamdar  Read Replies (4) of 1575306
 
All,

I think that AMD is trading lower due to a belief that the cost of teaming to build a $1.3 billion FLASH fab will deplete cash and limit earnings until it is shipping in volume in 2002 -- by which time we may again be in an over-supply condition. I share this concern.

I don't see an official press release from AMD. I hope they can clear this issue up.

Pravin.
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