Formerly About Advanced Micro Devices Message Board

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Politics : Formerly About Advanced Micro Devices

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To: AK2004 who wrote (30595)	3/31/1998 1:57:00 PM
From: Maverick	Read Replies (1) of 1572481

BancAmerica Robertson Stephens upgrades AMD to BUY from market performer LOS ANGELES, March 31 (Reuters) - BancAmerica Robertson Stephens said its analyst Dan Niles raised his rating on shares of Advanced Micro Devices Inc. to buy from market performer. -- said "based on discussion with several sources in the industry, we believe the production situation at AMD is improving drastically versus last quarters." -- said net result is AMD should be able to produce 13-15 million units in 1988 vs Niles' forecast of 11 million units. -- said believes profitability could not be achieved as early as Q2 or Q3 versus a previous Q4 forecast. -- AMD shares were up 2-10/16 at 29-3/16 by midday.

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