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Politics : Formerly About Advanced Micro Devices

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To: Yougang Xiao who wrote (114955)6/8/2000 2:30:00 PM
From: Mani1  Read Replies (3) of 1582760
 
Albert, Yougang, WOW! Very bullish report! Here are several point worth noting,

---the company has signed three new long-term flash contracts with Siemens, Nortel, and Philips. These contracts are similar in structure to the ones the company already has announced in 1Q:00 with Samsung, Cisco, and Alcatel. Our understanding is that these three new contracts totaling in excess of $1.5B in future flash sales over the next 3 years...

There is no other company in our mind who is executing better in flash than AMD.

---The company we understand now will be paying taxes possibly as soon as the current quarter [[earnings should be very good, this at least a full quarter earlier than what they said just 6 weeks ago!!!]]

---the company's stock will continue to set new highs moving forward.



Very nice report. I just hope we finally eat through all the supply between $87 and $87.5 so we can move higher.

Mani
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