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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: Paul Engel who wrote (68765)	8/13/1999 5:46:00 PM
From: Dan3	Read Replies (1) \| Respond to of 1573018

Re: Intel closed at ANOTHER ALL TIME HIGH TODAY The intel party isn't over yet, 2 quarters to go! messages.yahoo.com =================================================== We're about to see Intel have a profitable quarter similar to AMD's last one. (AMD made money last quarter only because it sold off Vantis) Here's my reasoning - Intel missed its profit numbers by a small amount last quarter, which always looks very bad. In that same period, they had a big jump in unrealized gains - that they could easily instead have "realized", and made their numbers for the quarter. The cumulative price cuts we're seeing from intel should drop their ASPs by about $75, costing them roughly $1.5 billion - which is most of a quarter's profits. I expect the strategy is to "realize" these investment earnings as necessary to maintain what appears to be a successful semiconductor business in the face of AMDs new competition. Intel is sitting on nearly $2 billion in unrealized earnings right now. Intel can afford 1 bad quarter, and one not so great quarter - and it will appear that everything's fine. I'm pretty sure this is why they are confidently predicting a good next 2 quarters. So intel will announce 2 big profit quarters to much fanfare, and unless you want to go nosing around the balance sheets and pick arguments, no one will care where those profits really came from (the semi company or the mutual fund). ===================================================== Sound about right to you?

To: Paul Engel who wrote (68765)	8/13/1999 7:38:00 PM
From: Charles R	Read Replies (2) \| Respond to of 1573018

<Yep - Intel is going to go out of business - next week or the week after - and AMD will rule the world.> Well, it is your prerogative, if you want to change the topic to yet another extreme view point that exists in no place other than your head. Just realize that this thread is about discussing if and how AMD is going to be successful - unfortunately AMD has to cause some pain to Intel and its valuation because Intel is the current market leader - such is business. In the long run there is place for two players in this industry to grow prosperously. <By the way - Intel closed at ANOTHER ALL TIME HIGH TODAY - $79 3/4 !!!> Good for you.