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Politics : Formerly About Advanced Micro Devices

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To: Pravin Kamdar who wrote (56355)4/26/1999 12:44:00 AM
From: Tenchusatsu  Read Replies (2) of 1571586
 
From the article in the Mercury News:

For the first quarter of 1999, AMD lost $128.4 million because it manufactured 1 million fewer chips then it had planned.

Doing the math here, AMD needed to sell those extra one million chips at an average of $128 a pop if they wanted to break even last quarter. Now in Q2, AMD doesn't expect their ASP to rise all that much from $78, and they don't expect to make up to 5.5 million CPUs. That sounds like another loss for this quarter right there.

Just some food for thought for all you short-term traders of AMD out there.

Tenchusatsu
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