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Technology Stocks : Advanced Micro Devices - Moderated (AMD)
AMD 207.67+2.2%Jan 12 3:59 PM EST
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To: tejek who wrote (56320)9/25/2001 3:27:24 PM
From: SisterMaryElephantRead Replies (2) of 275872
 
Tejek,

<We will focus our organization around our two most promising opportunities -- flash memory devices and PC processors," said W.J. Sanders III>

This is what AMD said when they sold off their communications chip business a year or so ago. Given next quarters losses, it has not worked out that well. Certainly they will be even more focused now, and it is probably too late to change strategy. Cutting costs makes sense.

SK
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