Formerly About Advanced Micro Devices Message Board

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Politics : Formerly About Advanced Micro Devices

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To: Joey Smith who wrote (29498)	3/4/1998 7:13:00 PM
From: Petz	Read Replies (2) of 1572372

Joey, re:< i can stomach the drop again to $70-$80...just means i'll have more shares when I dollar cost average> Joey, use your head and not your emotions. NO ONE BELIEVED INTEL when they said margins would average 50%... UNTIL NOW. Furthermore, not only is gross margin down, but they say that R&D, Depreciation and who knows what other expenses are UP. THAT MEANS PROFITS ARE WAY DOWN. Profits for 1998 could easily be 25% below 1997. If this happens in a quarter when AMD is having trouble producing K6's, what will happen when AMD, IBM, NSM are going full blast? Petz

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