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

To: Scot who wrote (112683)	5/25/2000 12:22:00 PM
From: EricRR	Read Replies (1) \| Respond to of 1571039

Scot, My DLJ Direct account posted the S&P upgrade via Reuters yesterday.

To: Scot who wrote (112683)	5/25/2000 12:25:00 PM
From: ajbrenner	Respond to of 1571039

Re: Anyone have this on their bloomberg terminal or other? Heres the story from Dow Jones Advanced Micro Devices's Outlook Boosted To Stable: S&P Dow Jones Online News, Wednesday, May 24, 2000 at 20:23 NEW YORK -(Dow Jones)- Standard & Poor's Wednesday revised its outlook on Advanced Micro Devices Inc. (AMD) to positive from stable. At the same time, Standard & Poor's affirmed its ratings on AMD. "The outlook revision is based on indications that the company has strengthened its product line, and that recently improved financial results may be sustainable. "The ratings on AMD reflect the challenges the company faces in executing its business plan in a very competitive market. Sunnyvale, Calif.-based AMD manufactures personal computer microprocessors and flash memory chips," the ratings agency said. OUTLOOK: POSITIVE "Good operating results at the Dresden (Germany) factory and sustained financial performance near recent levels could lead to higher ratings," S&P's said. RATINGS AFFIRMED RATING Advanced Micro Devices Inc. Corporate credit rating B Senior secured debt B Subordinated debt CCC+ Bank loan B+ (This story was originally published by Dow Jones Newswires) Copyright (c) 2000 Dow Jones & Company, Inc. All Rights Reserved Companies or Securities discussed in this article: Symbol Name NYSE:AMD Advanced Micro Devices Inc ajb