Formerly About Advanced Micro Devices Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : Formerly About Advanced Micro Devices

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Milk who wrote (35174)	7/29/1998 1:07:00 PM
From: Milk	Read Replies (1) of 1572946

"Merrill Lynch's Tom. Kurlak voiced concern about semiconductor stocks, citing Intel's (INTC) price cuts and Advanced Micro Devices' (AMD) excess inventory of microprocessors. Kurlak said he saw no reason for investors to accumulate chip issues now, citing an earnings downtrend and seasonally adjustments for the third and fourth quarter estimates. Also, third- and fourth-quarter estimates of industry sales may continue to decline at a rate of 15 to 20 percent vs. last year says Kurlak. Intel shares rose 1/8 to 85 3/4 while AMD's shares fell 1/4 to 16 1/4. cbs.marketwatch.com Will AMD shares ever rise? (sigh) -M.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next