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

To: James Lee Baldwin who wrote (103266)	4/9/2000 7:31:00 PM
From: James Lee Baldwin	Read Replies (1) \| Respond to of 1575556

Apr. 07, 2000 (Electronic Buyers News - CMP via COMTEX) -- Two more electronic-component suppliers last week told shareholders that quarterly results will be better than expected, further confirming the strength of the industry. Advanced Micro Devices Inc. said its first-quarter revenue will exceed analysts' expectations, while disk-drive maker Western Digital Corp. said that a recent reorganization will narrow its fiscal third-quarter operating losses. The announcements followed a string of recent reports by several electronic-component suppliers and distributors indicating similar results. In AMD's case, many analysts were expecting the company's revenue to be slightly less than $1 billion. The company said, however, that it will report first-quarter revenue of at least $1.06 billion, an increase of almost 10% from its fourth-quarter 1999 revenue. Typically, first-quarter earnings show a significant sequential drop compared with the fourth quarter, the height of the PC sales season. But allocation in the flash-memory market and strong sales of its Athlon microprocessors will push AMD, Sunnyvale, Calif., above its previously stated estimate of approximately $968.7 million, which the company reported in the last quarter of 1999. Speaking at a news conference in Tokyo, AMD chairman and chief executive Jerry Sanders said the company achieved its goal of selling at least 1.2 million Athlon processors during the first quarter. "We believe we continued to gain unit share worldwide last quarter in the PC processor segment," Sanders said. "Our PC processor unit market share in Japan, at more than 20%, is somewhat higher than our worldwide share, reflecting our participation in all segments of the Japanese market: consumer, commercial, and mobile." Analysts also attributed AMD's positive announcement to the technical advantages of its K-7, or Athlon, processor and the high demand for its flash memory. "AMD has emerged as the clear leader in high-end microprocessor performance," said A.A. LaFountain III, an analyst at Needham & Co. Inc., New York. "In terms of the flash market, AMD has a larger percentage of its revenue derived from this hottest of semiconductor segments than any other large vendor."

To: James Lee Baldwin who wrote (103266)	4/9/2000 7:47:00 PM
From: Jim McMannis	Read Replies (1) \| Respond to of 1575556

RE:"Jeremy Bar-Illan, President, and Chief Investment Strategist of Bar-Illan Capital Management, says if Intel's earnings disappoint, the Nasdaq could plummet." Who the heck is Bar-Illan...? On the other hand...If Intel misses and the Nasdaw plummets...yet another great buying opportunity would present itself for AMD. Even if AMD isn't on the Nasdaq. Intel would be a great buy too because we know Willy is right around the corner...just waiting to be freed.