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Politics : Formerly About Advanced Micro Devices

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To: DRBES who wrote (50315)2/21/1999 2:20:00 PM
From: ajbrenner  Read Replies (2) of 1580832
 
Monday should be very interesting to say the least.

From CBS MarketWatch

Advanced Micro Devices (AMD) shares may rise Monday on news
that personal computer maker Gateway (GTW) has picked AMD as its
second supplier of microprocessor chips. Gateway said Intel Corp.
(INTC) will provide the bulk of its microprocessors. AMD shares rose
1/2 to 17 5/8, and Gateway shares added 3 3/4 to close at 72 7/8.

Intel (INTC) shares may come under pressure Monday on news that the
Federal Trade Commission alleged that the chip giant abused its power in
the market for microprocessors by withholding key technical information
from its competitors, according to Dow Jones. Intel said it's within its
rights to withhold the information and denied having monopoly power.
Intel shares fell 1/16 to 128 1/16 before the news.

Posted without comment. None necessary.

ajb
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