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Politics : Formerly About Advanced Micro Devices

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To: Road Walker who wrote (124242)9/19/2000 12:31:59 PM
From: tejek  Read Replies (2) of 1572833
 
?10:29 ET Semi Upgrades : After downgrading both Intel (INTC +2 11/16) and AMD (AMD +1 13/16) last week, we're hearing that Banc of America Securities analyst Rick Whittington upgraded INTC and AMD this morning and made positive comments about DRAM pricing.

John,

Its true that B of A upgraded AMD from a Hold to a Buy
with a price target of $40. However its probably the buy side analysts at B of A who did the upgrading rather than Whittington.

Nonetheless it does not change the fact that two moves are very stupid.

ted
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