SI
SI
discoversearch

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 ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Yousef who wrote (36851)9/9/1998 2:10:00 PM
From: Maxwell  Read Replies (2) of 1570554
 
AMD K6-2-400MHz On Track for Q4!

cbs.marketwatch.com

"Shares of Advanced Micro Devices rose 8.3 percent after analysts at Donaldson Lufkin & Jenrette reiterated their "buy" rating on the company. Analysts Charles Boucher and Christopher Bunn said strong third-quarter sales strength gives the company (AMD) "a fighting
chance to break-even." Furthermore, the analysts believe the company is on track to ship 400 MHz microprocessors in the fourth quarter to compete with Intel Corp. A 450 MHz processor is due in the first quarter of 1999. Boucher and Bunn set a 12-month price target of $32 a share. AMD shares rose 1 1/4 to 16 3/8."

Let me remind everyone including many Intelabees on this thread expect AMD will lose ($0.18) to ($0.20). Break-even is beating expectation by $0.20 and is excellent. Also Kumar think AMD can't make K6-2-350MHz in any volume and will miss the Christmas season with the 400MHz. Our process expert Yousef thinks AMD can deliver the 400MHz parts by Nov. 1, 1998. I agree with him. Things are looking up.

Maxwell
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext