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

To: tejek who wrote (81140)	11/26/1999 2:29:00 PM
From: niceguy767	Respond to of 1574177

Hi tejek: Get it below $28 while you can. The third approach to $28 should be the one that is successful...Don't count on a lot of resistance between today's close and $33. We could just as easily get another pop not unlike the one that occurred on November 11, according to my interpreatation of the charts that I'm looking at...This 3 year breakout thing is a very powerful signal! 'Nuf said, just going to bide my time and see what unfolds. Not going to try to trade in and out of this one. Plan on letting my options run, (assuming an accurate assessment of current conditions). In my experience, the best returns occur when options are allowed to run. AMD's fundamentals and technicals suggest to me that existing options are about to run!

To: tejek who wrote (81140)	11/26/1999 2:52:00 PM
From: Scot	Read Replies (1) \| Respond to of 1574177

Ted and Thread: I saw that AMD filed an 8K on the 24th re: analyst conf. on 11/11. Nothing new here that I can see, but thought I'd post the attached press release from the 11th (I don't remember seeing this release....just the reporting): -Scot ______________________________ Item 5. Other Events.------- ------------- On November 11, 1999, Advanced Micro Devices, Inc. announced that it currently expects to achieve revenues of more than $800 million in the current quarter. The Company currently forecasts that its goal of achieving break-even operating results in the current quarter is attainable, barring unforeseen events or disruptions in the supply chain. The full text of the press release is set forth in Exhibit 99.1 attached hereto and is incorporated in this report as if fully set forth herein. Item 7. Financial Statements and Exhibits. ------- ----------------------------------(c) Exhibits: 99.1 Press release dated November 11, 1999. AMD SAYS FOURTH-QUARTER OPERATING RESULTS COULD BE BREAK-EVEN BASED ON STRONG DEMAND SUNNYVALE, CA - November 11, 1999 - With strong demand for Flash memory products and microprocessors, AMD today announced that it currently expects to achieve revenues of more than $800 million in the current quarter. The company currently forecasts that its goal of achieving break-even operating results in the current quarter is attainable, barring unforeseen events or disruptions in the supply chain. While motherboard availability remains an issue, the company believes that its goal of shipping 800,000 AMD Athlon processors in the current quarter is increasingly realistic. At an analyst meeting at company headquarters in Sunnyvale, California, Chairman and Chief Executive Officer W.J. Sanders III said the company had sold out its Flash memory availability for the current quarter, and that he expects that the company will achieve $250 million in sales of Flash memory devices in the current quarter. Based on presently available information, the company expects that an imbalance of supply and demand in Flash memories will continue for the foreseeable future. Sanders also said that he expects AMD will ship more than 5 million processors for PCs in the current quarter, including both AMD-K6 family processors and AMD Athlon processors. All AMD Athlon processor wafer starts are now on 180-nanometer (0.18-micron) technology, enabling production of higher- frequency devices. Sanders said the company will begin shipments of 750MHz AMD Athlon processors this quarter, and he expects AMD will begin shipments of 800MHz AMD Athlon processors in the first quarter of 2000.