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

To: tejek who wrote (79716)	11/12/1999 11:04:00 AM
From: Scot	Read Replies (3) \| Respond to of 1573911

Ted and thread, Another upgrade: -Scot biz.yahoo.com RESEARCH ALERT - PaineWebber raises AMD NEW YORK, Nov 12 (Reuters) - PaineWebber said it raised its price target for Advanced Micro Devices Inc. (NYSE:AMD - news) on Friday to $25 a share from $16 a share. The company told an analysts' meeting Thursday that it expected a break-even fourth quarter, against consensus estimates of a loss of 36 cents a share, as compiled by First Call/Thomson Financial. -- PaineWebber revised fourth quarter revenue estimate to $900 million from $700 million on better-than-expected outlook. -- Raised fourth quarter EPS estimate of a 54 cent loss to a slight profit of 2 cents. -- Raised 2000 earnings estimate to 80 cents to $1.00 a share, from its previous estimate of 40 cents. -- Shares were trading at 25-11/15, down 2-5/16, in early Nasdaq trading.