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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: Road Walker who wrote (47276)7/12/2001 5:51:09 PM
From: TenchusatsuRead Replies (1) of 275872
 
John, <They seem to be happy here to gain market share and lose money.>

They expect more of the same in Q3:

biz.yahoo.com

PC industry unit growth for 2001 is less than previously forecasted, and the company now believes that industry unit shipments will be approximately flat for the year. Based on a normal seasonal pattern, which would show a pick-up in market demand for PCs in the third quarter, the company expects that unit sales of its AMD PC processors in the current quarter will again be at record levels with ASPs under continuing pressure.

Plus revenues will be down in Q3. Sell more, get less, but hey, AMD will sure have the market clout. Gutsy or stupid strategy, depending on your point-of-view. Let the debate continue.

Tenchusatsu
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