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Strategies & Market Trends : Sharck Soup

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To: besttrader who wrote (26368)6/6/2001 7:19:06 PM
From: 2MAR$  Read Replies (1) of 37746
 
Cautious Spin from: AMD Expects Modest Revenue Growth in 2001, Reason To Believe PC Mkt Stabilizing


Business Editors/High-Tech Writers

SUNNYVALE, Calif.--(BUSINESS WIRE)--June 6, 2001--Speaking at news
conference in Tokyo, Japan today, AMD President and Chief Operating
Officer Hector Ruiz reiterated the company's previous expectation that
AMD will achieve modest revenue growth in 2001. Ruiz said he expects
AMD will gain market share in its two principal product lines, PC
processors and flash memory products. Ruiz also said there is
increasing reason to believe that the personal computer market is
stabilizing and will return to normal in the fourth quarter of this
year.
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