Formerly About Advanced Micro Devices Message Board

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Politics : Formerly About Advanced Micro Devices

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To: Barry A. Watzman who wrote (28330)	2/8/1998 7:23:00 PM
From: Petz	Read Replies (2) of 1571808

Barry & Addi, RE: reasons for AMD not talking to analysts anymore This used to be AMD's modus operandi in the 80's. AMD said very little to analysts and the analysts always *underestimated* AMD's earnings -- EVERY QUARTER. If there is any good news from FAB25, AMD would not want Intel to know about it, because they would respond with more aggressive price cuts. And if the news is bad, the interest rate on new debt for equipment purchases may rise significantly. Based on that last thought, the best news we could hear from AMD would be announcement of a new credit agreement with a reasonable interest rate. Petz

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