Advanced Micro Devices - Moderated (AMD) Message Board

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Technology Stocks : Advanced Micro Devices - Moderated (AMD)

AMD 213.43

+6.2%

Dec 19 9:30 AM EST

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To: tejek who wrote (19452)	11/17/2000 1:53:19 PM
From: Petz	Read Replies (2) of 275872

ted, whoever wrote that article about Edelstone was clueless Edelstone points out that the situation isn't quite as dire as it appears because an extraordinary gain on the sale of shares of Micron (MU:NYSE - news - boards) in 2000 will make 2001 a "tough compare." "isn't quite as dire?" - quite the opposite. The reporter exactly reversed the obvious conclusion that Intel will look bad because the Y2000 capital gains can't be completed. The fact remains, says Edelstone, that Intel faces the risk of eroding gross margins during the year because of competition and a product transition. In other words, not only will the investment results be decreasing, but the operating results as well. Petz

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