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To: Gottfried who wrote (1645)	4/7/1999 8:00:00 PM
From: Mark Oliver	Read Replies (1) of 2025

AMD warns of even worse losses By Michael Kanellos Staff Writer, CNET News.com April 7, 1999, 3:55 p.m. PT The first quarter for AMD is getting worse by the day. AMD, which will announce first quarter losses after the market closes on April 14, today said that it only shipped approximately 4.3 million processors during the quarter, well below company predictions that it would sell close to 5.5 million and below the 5 million plus processors it sold in the final quarter of 1998, according to the company. continued... news.com I find it interesting that this warning has no suggestion that the shortfall of 1.2 million processors is due any problem with PC sales. It looks like the total blame is placed on poor performance by AMD. Intel reports earnings next week on Tuesday. Can we expect them to do very well, or will they have suffered price erosion that will negate the benefit of taking market share from AMD? Regards, Mark

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