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

To: Pravin Kamdar who wrote (118044)	6/28/2000 12:11:00 PM
From: chic_hearne	Read Replies (1) \| Respond to of 1576887

Re: Volume should be very low on Monday Pravin, I think the market is closed both Monday and Tuesday. You might have to make your buy on Friday. Can anyone confirm this? chic

To: Pravin Kamdar who wrote (118044)	6/28/2000 12:17:00 PM
From: Yougang Xiao	Respond to of 1576887

From Albert: 08:39am EDT 28-Jun-00 Gerard Klauer Mattison & Co. (Geraghty, J. 212-885-4003) Semiconductors: Second Quarter Preview (Part 1 of 2) Semiconductors: Second Quarter Preview .................................................. ____________________________________________________________________________ Advanced Expected Micro FY Quarterly EPS 2Q00E Full-Year EPS Reporting Devices RTG End 2Q00E vs 2Q99 Cons. 2000E vs 1999 Date (AMD) BUY Dec $1.22 $(1.08) $1.13 $5.55 $(2.15) 7/19 We believe a booming flash market, some supply constraints at Intel and strong microprocessor product offerings will again contribute to above- consensus EPS results for AMD. We believe the extremely profitable flash business will be a big contributor and are forecasting 12% sequential growth in flash memory revenues to $365 million this quarter (or 32% of sales). Nonetheless, the focus will likely remain on the Athlon processor. We are forecasting 1.8 million units versus 1.2 million last quarter. We are forecasting 4.5 million K6 units versus 5.3 million last quarter. With an overall ASP forecast of $93 (versus about $90 last quarter), we believe total microprocessor revenues could reach $585 million. For the quarter, we are estimating $1.15 billion in total revenues for AMD and EPS of $1.22, but believe our above-consensus estimates may still prove conservative. We reiterate our BUY rating and $120 price target.