Advanced Micro Devices - Moderated (AMD) Message Board

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Technology Stocks : Advanced Micro Devices - Moderated (AMD)

AMD 246.64

+5.6%

10:47 AM EST

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From: dhellman	1/18/2005 1:28:30 PM
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AMD told to divest flash biz; may lose ground to Intel By Dan Gallagher CBS MarketWatch 1/18/2005 1:07:51 PM SAN FRANCISCO (CBS.MW) -- As Advanced Micro Devices Inc. readies a fourth-quarter earnings report it's already said would lag forecasts on weak memory-chip sales, some analysts say it should exit that volatile market if it can't withstand a surge from rival Intel. Complete Story... cbs.marketwatch.com{204ECC93-696A-4E62-B158-F139C68225FD}&siteid=mktw&dist=nbs at the bottom, there is this note from Tad: In a note the following day, Wells Fargo analyst Tad LaFountain sounded a bullish sentiment recommending that investors pick up the shares on the weakness. "All those investors who missed one of the best-performing stocks in the group in 2004 now have an opportunity to acquire the shares at a price much lower than they were just a few weeks ago-despite the fact that the oft-cited concerns about AMD's exposure to a commodity memory business have just been mollified by a sharp repegging of that portion of the business," wrote LaFountain, who maintained his "buy" rating on the stock. -dh-

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