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Technology Stocks : Intel Corporation (INTC)
INTC 37.91-1.4%Nov 11 3:59 PM EST

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To: Srini who wrote (61510)7/30/1998 9:42:00 PM
From: exhon2004  Read Replies (2) of 186894
 
Srini:

Thanks for posting the story on AMD. I particularly enjoyed the following excerpt:

<<To return to profitability, AMD needs to boost quarterly sales to $650 to $700 million from its current level of $527 million. Increased revenues will have to come from increased sales of K6 and K6-2 processors, Sanders said, priced higher than the chips presently cost. At the same time, amid flat demand, AMD will have to steal market share.>>

I'm impressed! Until I read that quote I didn't believe Jerry understood that to be profitable revenues had to exceed expenses. I was just about to change my mind about the man when I saw the second italicized comment: Steal! Now that's the Jerry I remember!!!!

Best Regards,

Greg Gimelli
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