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Technology Stocks : Compaq

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To: Night Writer who wrote (84861)9/22/2000 9:48:04 AM
From: Elwood P. Dowd  Read Replies (1) of 97611
 
First International Says AMD Processors Gain at Intel's
Expense
9/21/00 7:32:00 PM
Source: Bloomberg News
Taipei, Sept. 22 (Bloomberg) -- First International Computer Inc.,
one of Taiwan's top three computer makers, said it increased
purchases of processors from Advanced Micro Devices Inc.
because its main supplier, Intel Corp., can't keep up with
demand.

Intel has acknowledged problems meeting customer orders.
AMD opened a new factory in Dresden, Germany and expanded
production at a plant in Austin, Texas, to increase market share.

''AMD now represents about 30 to 35 percent of our production,''
said sales department director Ralph Liu said, higher than
before. ''It looks like AMD's share may be increasing in the
future.''

Intel on Thursday said sales in Europe may fall short of
expectations this year. The company's shares tumbled as much
as 30 percent in overnight trading.

FIC's sales in Europe are currently about 10 percent lower than
expectations, Liu said.

''Usually sales start to pick up dramatically in August, but that
hasn't happened this year,'' he said.

''There has been weakness in the Euro. People may be holding
on to their money in anticipation that the Euro will rise,'' he said.

Overall, FIC's global sales are growing by about 30 percent over
last year, Liu said.
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