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

To: ajbrenner who wrote (79395)	11/11/1999 1:29:00 PM
From: tejek	Read Replies (3) \| Respond to of 1573428

Unbelievable, trading is still halted....its been an hour. ted

To: ajbrenner who wrote (79395)	11/11/1999 1:40:00 PM
From: tejek	Respond to of 1573428

Advanced Micro Says It May Break Even in 4th Quarter Sunnyvale, California, Nov. 11 (Bloomberg) -- Advanced Micro Devices Inc., Intel Corp.'s biggest rival in the microprocessor market, may break even in the fourth quarter instead of reporting a loss, as analysts expect, Chief Executive Jerry Sanders said. ''We believe our break-even goal is attainable,'' Sanders said at an analyst meeting at the company's Sunnyvale, California, headquarters. ''Our business is terrific.'' Analysts expected a loss of 35 cents a share, according to First Call Corp. Sanders said Advanced Micro will ship at least 5 million microprocessors during the quarter, more than it originally expected, because of strong demand for personal computers. It expects revenue of $800 million. AMD will ship 1 million of its new Athlon microprocessors this quarter, Sanders said. The company is counting on Athlon to command higher prices than its K6 family of chips and help it return to profitability. In the year-ago fourth quarter, net income was $22.3 million, or 15 cents a share, on revenue of $788.8 million. The company's shares rose 1/8 to 23 1/8 in early afternoon trading before being halted on the New York Stock Exchange. Nov/11/1999 13:32 For more stories from Bloomberg News, click here. (C) Copyright 1999 Bloomberg L.P. Any redistribution of Bloomberg content, including by framing or similar means, is expressly prohibited without the prior written consent of Bloomberg L.P. Any reference to the material must be properly attributed to Bloomberg News. The information herein was obtained from sources which Bloomberg L.P. and its suppliers believe reliable, but they do not guarantee its accuracy. Neither the information, nor any opinion expressed, constitutes a solicitation of the purchase or sale of any securities or commodities.(C) Copyright 1999 Bloomberg L.P. BLOOMBERG, Bloomberg News, Bloomberg Financial Markets, Bloomberg Television, Bloomberg News Radio are trademarks, tradenames and service marks of Bloomberg L.P.