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Technology Stocks : LSI Corporation

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To: E. Graphs who wrote (15086)9/17/1998 2:19:00 PM
From: E. Graphs  Read Replies (1) of 25814
 
[OT] Kurlak talking up AMD:

cbs.marketwatch.com

>>Merrill Lynch's Thomas Kurlak, citing stronger sales of the chipmaker's (AMD) core K6 II product, raised his 1999 earnings estimates to 70 cents a share. Previously, the closely-watched analyst expected AMD to break even.

Kurlak also pointed out that renewed demand was fueling higher average prices on microprocessors. At the same time, he said AMD is gaining market share with 30 percent sequential unit growth in the third quarter compared to 10 percent growth at AMD's much larger rival Intel (INTC). <<
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