Formerly About Advanced Micro Devices Message Board

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Politics : Formerly About Advanced Micro Devices

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To: david alexander who wrote (40585)	11/1/1998 11:39:00 PM
From: Brian Hutcheson	Read Replies (1) of 1585686

David , It may be there is some important news yet to be announced . But AMD was building a base for 4 months with wild up and down swings There have been many Press releases that should have moved the stock since the beginning of October such as AMD's huge market share in sub $1000 PCs (68%) plus K6-2 being the most popular CPU . The impressive ramp of their .25 process from 1M to 3.8M in 3 months . The stock started moving on wednesday and broke above $21 on friday . After market close on tuesday was the announcement that Atiq Raza was not only being immediately appointed as COO but that at the next AGM (feb?) he will be appointed as CEO and Pres. This was the catalyst that caused the breakout IMHO and the large block (fund?) buying indicates a renewed interest by them . CALPERS was one fund that could not tolerate Sanders being both chairman and CEO , so quite possibly they started the buying . Brian PS I wouldn't object if there was more good news.

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