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Technology Stocks : Advanced Micro Devices - Moderated (AMD)
AMD 203.77-1.1%3:59 PM EST

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To: AK2004 who wrote (1576)7/20/2000 11:43:57 AM
From: AK2004Read Replies (1) of 275872
 
and here is from Pru (no comments needed)
09:15am EDT 20-Jul-00 Prudential Securities (H.MOSESMANN 650-320-1631) AMD .................
- AMD reported a stellar June quarter. The company reported taxed EPS of $1.21 (or $1.51 un-taxed), handily beating our un-taxed estimate of $1.19. First Call consensus was $1.14.
- Solid execution continues. AMD is essentially "sold out" across the board through the rest of the year.
- The Dresden fab continues to ramp aggressively. The company expects that capacity utilization here will ramp to 50% by the end of 2000 and to 100% by the end of 2001.
......................
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