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Technology Stocks : AMD:News, Press Releases and Information Only!

AMD 203.14

-0.8%

Jan 9 9:30 AM EST

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To: AK2004 who wrote (867)	10/2/1997 4:00:00 AM
From: Paul Engel	of 6843

albert - From Salomon Brothers (Erika Klauer) Downgrade: "While this news is clearly disappointing and should cause the stock to drop on Wednesday, October 1, we believe that this is not the time to panic due to the following: - 1. The company will report results next Tuesday, August 7. Keep believing her - she can't even get the MONTH correct - talk about terminal confusion! Re: "the mix will be much more favorable that in the third quarter. We expect a higher volume of 200 and 233 MHz parts which will enable the company to show overall average selling price improvements." Old Erika was in such a hurry to write this gushing glowing report that she didn't wait to get the facts - SPEED YIELD PROBLEMS killed Q3 and still aren't fixed. Way to be "on top of things", Erika! Paul

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