AMD:News, Press Releases and Information Only! Message Board

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

AMD 211.04

-4.7%

12:00 PM EST

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To: Brian Hutcheson who wrote (3138)	12/24/1997 6:03:00 PM
From: StockMan	Read Replies (3) of 6843

B, It seems that AMD has made a new low on a closing basis today and yesterday. Lattice announces earnings shortfall. Altera and Atmel announce earnings shortfall. Losses in AMD's PLD/Vantis unit. Big Losses in AMD's flash memory. Koreans dumping flash!! AMD's K6 ASP in the gutter. (Given cpq deal and other pricing).Big losses in computing division. Losses in Comm division (all networkers/wireless growth slow down) SUBSTANTIAL LOSSES FOR AMD... STOCK ON ITS WAY TO 12, before reaching 10. .25u delayed due to size reduction problems (AMD only now obtaining tools for this), and steppers in short supply (according to NSM). Expect cost cutting...layoffs soon. BANKRUPTCY TO BE FOLLOWED!!! All who are holding would do well to SELL NOW!!. (Brian you are excluded since your options will expire worthless in Jan. They are worthless now!!) Stockman

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