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: Paul Engel who wrote (47221)	7/12/2001 1:46:33 PM
From: Yousef	Read Replies (1) of 275872

Paul, Re: "Took a big hit on those 5000 shares you bought at $28.65." Here's some "early" AMD info --> AMD to preview key third quarter "We faced competitive pressures in a very difficult microprocessor business," said John Greenagel, spokesman for AMD. The company may try to put its best spin on the current quarter, the key back-to-school sales period ... AMD, (AMD: news, msgs, alerts) the world's No. 2 microprocesssor maker behind Intel, blamed price cuts as part of the reason for second-quarter earnings that it said will be less than 20 percent of expectations. These pressures came almost solely from Intel, which consistently cut microprocessor prices on its Pentium III and Pentium IV chips in recent weeks. AMD in turn was forced to cut prices on its competing Duron and Athlon processors." Doesn't sound too positive ... I expect to hear more calls from AMDroids for DOJ investigations. <ggg> Make It So, Yousef

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