Advanced Micro Devices - Moderated (AMD) Message Board

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Technology Stocks : Advanced Micro Devices - Moderated (AMD)

AMD 203.14

-0.8%

Jan 9 9:30 AM EST

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To: DRBES who wrote (156246)	4/14/2005 11:11:39 AM
From: Gary Hoyer	Read Replies (2) of 275872

Prudential upgrades Neutral to OVERWEIGHT. Target $19 to $25. Prudential upgrades AMD following Q1 results, based on superior execution in the M.P.U. business, and their belief that the co will take 300 bps of MPU mkt share by the end of 2006. In the M.P.U. business, firm believes that the co gained 50 bps of rev share in the qtr, due primarily to a richer mix of higher ASP products. Also, they believe the co's intentions to carve out its flash memory business through an IPO will make the M.P.U. business more transparent to investors. news.moneycentral.msn.com

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