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Technology Stocks : Advanced Micro Devices - Moderated (AMD)

AMD 249.66

+7.6%

Jan 21 3:59 PM EST

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To: rzborusa who wrote (259384)	4/3/2009 5:59:03 PM
From: Dan3	Read Replies (1) of 275872

Re: I see the Insters have taken exception... Their hysterics are amusing - note their unwillingness to argue against the post (since they know it's true). All they can do is attack the messenger. They're also probably fretting about this: San Jose (CA) – The Semiconductor Industry Association (SIA) sent out a sobering note today, indicating that the pace of declining chip sales is still accelerating. On a positive note, the organization mentioned that the decline is more moderate now. Chip makers have been hit with one of the worst recessions in computer history, or, as the SIA calls it, one of the “steepest corrections” so far. Global chip sales were $14.2 billion in February down 7.6% from January and down 30.4% in January of 2008, when sales were $20.3 billion. tgdaily.com

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