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Technology Stocks : Intel Corporation (INTC)
INTC 38.30-3.0%2:06 PM EST

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To: Mary Cluney who wrote (65974)10/7/1998 4:11:00 PM
From: Gerald Walls  Read Replies (2) of 186894
 
Analysts seem to believe that AMD can't deliver, both profit-wise and product-wise:

Advanced Micro Tumbles Amid Analysts' Bearish View

dailynews.yahoo.com

''They shipped a tremendous amount of product in the quarter,'' said one technology trader. ''Is that as good as it gets?...This was AMD's quarter to shine. Going forward, it's always the same story with AMD: they really don't make enough money.'' Advanced Micro's profit was its first in four quarters.

and

But Kumar said in a note to clients ''We believe that the low yields at 400 megahertz will push out the launch date of this product from the fourth quarter to the first quarter.''

Kumar said he believes that Advanced Micro is currently experiencing manufacturing yields of less than one percent on this new K6-2 chip -- meaning that less than one percent are shippable to customers.
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