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Politics : Formerly About Advanced Micro Devices

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To: K. M. Strickler who wrote (31831)4/13/1998 7:16:00 PM
From: Maverick  Read Replies (2) of 1572369
 
Cash, $307 million at March 31, 1998, is expected to
decline further over the intermediate period, offset by an
expected sale of securities this quarter.
OUTLOOK: NEGATIVE
Over the near term, AMD faces heightened competitive
pressures and the challenges of ramping production of its
current product line to restore profitability.
Longer term, the company must develop and implement its
manufacturing processes more expeditiously than it has
demonstrated to date, while introducing new generations of
processor chips in a rapidly evolving, unforgiving environment,
Standard & Poor's said.
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