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Technology Stocks : Advanced Micro Devices - Moderated (AMD)
AMD 231.80+1.7%Jan 16 3:59 PM EST

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To: Charles R who wrote (43090)6/7/2001 3:10:57 AM
From: Yougang XiaoRead Replies (1) of 275872
 
AMD officially issues Hector's Tokyo statement:

Question to the longs: Does this statement mean that Q2 is also on track thus no pre-warn is coming?

biz.yahoo.com
Wednesday June 6, 7:12 pm Eastern Time

AMD Expects Modest Revenue Growth in 2001
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.

Cautionary Statement

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