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Technology Stocks : Advanced Micro Devices - Moderated (AMD)
AMD 221.05+1.4%Dec 8 3:59 PM EST

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To: Bill Jackson who wrote (82851)6/19/2002 10:20:41 AM
From: Yousef of 275872
 
Bill,

Re: "Yousef, Sorry, none left for me, I have last laughs."

Bill, You're in "Da Nile" ... Maybe you can "laugh" over this <ggg> -->

AMD tumbles after cutting Q2 targets

"AMD said it expects a "substantial operating loss" on sales of $620 million
to $700 million for the quarter ending June 30. In mid-April, the chipmaker projected
sales of $820 million to $900 million.

At Prudential Securities, analyst Hans Mosesmann stood by his "hold" rating
and $10 12-month price target but said he was cautious about the company's
ability to challenge Intel, the world's biggest chipmaker. "We believe that
AMD's dramatic miss is more a result of its weak competitive positioning
relative to Intel's P4 desktop and P4 mobile product lines and do not
anticipate that improving this year," he wrote."


Make It So,
Yousef
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