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Technology Stocks : Advanced Micro Devices - Moderated (AMD)
AMD 231.83+1.7%Jan 16 9:30 AM EST

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To: Lynn Segal who wrote (43959)6/12/2001 8:37:02 AM
From: niceguy767Read Replies (2) of 275872
 
Lynn:

Holy smokes, Lynn...That needs to be repeated...An AMD official claims that AMD is currently on track for 30% market share by end of Y2001...(Current market share is 21%)...If true, AMD's Q2 may be much stronger than anyone is currently estimating and the current consensus of $0.26 eps may be more than a tad low (In fact, Q2 might come in closer to Q1's $0.37 if AMD has gained significant market share again in q2, as it sounds)...Combined with recent company statements that both flash and microprocessor revenues will increase year over year, AMD may be looking at results in this weakest of environments that are better than what many companies would normally see in a strong environment...

"Tuesday June 12, 3:35 am Eastern Time

AMD Sees 30 Percent World Market Share

KUALA LUMPUR (Reuters) - Advanced Micro Devices Inc. (AMD), the world's largest microchip maker after Intel (NasdaqNM:INTC - news), is on track to achieve its stated goal of a 30 percent global market share by year-end, a company official said on Tuesday.

``We are on track to meet our corporate objective of market share of 30 percent by the end of this year,'' he said at the Malaysian launch of its first processor designed for servers and workstations."
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