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Technology Stocks : Advanced Micro Devices - Moderated (AMD)
AMD 217.59+1.1%3:59 PM EST
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From: grimes6/7/2006 1:20:09 PM
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DJ MARKET TALK: ThinkEquity Still Sees Weaker Demand At AMD

Edited by John Shipman
Of DOW JONES NEWSWIRES

(call: 201 938 5171; e-mail:john.shipman@dowjones.com)

MARKET TALK can be found using N/DJMT

10:58 (Dow Jones) Advanced Micro (AMD) is seeing "weaker-than-expected"
demand and average selling prices, says ThinkEquity analyst Eric Ross. He's
attending Computex trade show in Taiwan and had hoped to find some positive
data points that would enable him to start recommending the stock, but instead
found the opposite. "We expect the stock price to continue to decline," Ross
says, noting that May seems to have been a weak month for AMD and June is
tracking below as well. "This could be a long, hard summer for the PC supply
chain," he adds, and backs his sell rating on AMD. Shares up 0.4% $29.07.

(END) Dow Jones Newswires
06-07-06 1058ET
Copyright (c) 2006 Dow Jones & Company, Inc.
End of News
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