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

To: kapkan4u who wrote (92560)	2/11/2000 2:29:00 PM
From: tejek	Read Replies (1) \| Respond to of 1573911

AMD ROCKS!!! ____________________________________________________________ AMD Says 1st-Quarter Sales to Be Better Than Expected Sunnyvale, California, Feb. 11 (Bloomberg) -- Advanced Micro Devices Inc. said it expects sales in the first quarter to be about even with or higher than the $968.7 million it had in the fourth quarter as demand for cheap microprocessors soars. AMD, Intel Corp.'s biggest rival in the personal-computer chip market, said last month that it expected first-quarter sales to be unchanged to slightly down from the fourth quarter's. The company's fourth-quarter profit more than doubled as it sold 800,000 of its Athlon processors. The company is expected to earn 32 cents a share in the first quarter, the average estimate of analysts polled by First Call/Thomson Financial. In the year-ago quarter, AMD had a loss from operations of $118.8 million, or 81 cents, on sales of $631.6 million. ``Business across the board continues to be robust,' said Jerry Sanders, AMD chairman and chief executive, in a statement. AMD last traded at 42 15/16 before trading was halted for the news. The shares of the Sunnyvale, California, company have more than doubled in the past year. Feb/11/2000 14:15 For more stories from Bloomberg News, click here. (C) Copyright 2000 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 2000 Bloomberg L.P. BLOOMBERG, Bloomberg News, Bloomberg Financial Markets, Bloomberg Television, Bloomberg News Radio are trademarks, tradenames and service marks of Bloomberg L.P.