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Technology Stocks : Intel Corporation (INTC) -- Ignore unavailable to you. Want to Upgrade?

To: Fred Fahmy who wrote (86829)	8/12/1999 7:58:00 PM
From: Tony Viola	Read Replies (3) \| Respond to of 186894

Fred, AMD's non-profit status is largely their own doing. Perhaps Intel did donate a few hundred million to their cause...but hey, Intel is a good corporate citizen and Intel can afford to be quite charitable. Looks like Erika Klauer thinks it will take more than that to keep AMD afloat. She's got them losing over half a billion this year (147 million shares X $3.79). I didn't think you could burn money that fast, even in a furnace. cbs.marketwatch.com In addition, Klauer lowered her 1999 estimate on Advanced Micro Devices (AMD: news, msgs) to a loss $3.79 from a loss of $2.55 a share. The First Call consensus estimate calls for a loss of $3.27 per share. "What bright spots there are [for AMD] do not appear to be substantial enough to help the company rebound from its inability to execute properly," she wrote in a research note. AMD moved lower 3/8 to 18 9/16. Intel (INTC: news, msgs) gained 1/16 to 75 15/16. Intel hit a second straight record intraday high on Thursday, touching 76 3/4.