Formerly About Advanced Micro Devices Message Board

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Politics : Formerly About Advanced Micro Devices

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To: Road Walker who wrote (123568)	9/9/2000 2:27:22 PM
From: tejek	Read Replies (1) of 1570548

NEW YORK, Sept 7 (Reuters) - Credit Suisse First Boston analyst Charlie Glavin said Thursday he stood by his recent upwardly revised earnings forecast on Intel Corp. (NasdaqNM:INTC - news) and urged investors to look for demand ``well into'' 2001. John, Here's an example of the confusing data I was referring to in my last post. Kumar says the pc market is going to hell in a hand basket, and Credit Suisse says otherwise. One minute I hear PC sales are slowing in Asia and Japan could be going back into recession, and then IDC says PC sales should be up strongly in Asia. As an investor I don't know what to believe...so I buy some aerospace, maybe some beaten down retail like ANF and some fiber optic tech......and I stay away from the chips. Currently both AMD and Intel are rated a C in IBD for Acc./Dist. A "C" is a neutral rating...sellers and buyers are in equilabrium, meaning forward movement is hard to achieve. I think something significant has to happen before the current scenario changes. ted

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