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

To: Jim McMannis who wrote (119957)	7/10/2000 5:12:42 PM
From: Maverick	Respond to of 1574660

Dan Niles raised tgt to $110, sees strong Q2 10-Jul-00 08:43 ET Advanced Micro (AMD) 82: Lehman Brothers analyst Dan Niles sees company's untaxed Q2 earnings coming in above the firm's $1.06 estimate and likely above the $1.15 earned in Q2, citing strong finish to the quarter (the current First Call mean estimate for the period is $1.13); Niles raising price target from $100 to $110. From Briefing.com Over at Lehman, Dan Niles lifted his price target to $110 from $100 and told clients he thinks the company saw a strong finish to the second quarter with quarter-over-quarter revenue growh better than his 2 percent forecast and strong bookings. From Market Pulse

To: Jim McMannis who wrote (119957)	7/10/2000 6:55:05 PM
From: tejek	Respond to of 1574660

Same ole thing.... 1. General market and possible future rate hikes. 2. Fear of Intel pulling a rabbit out of the hat... You need not look any further.... Jim With the exception of Intel, those things are supposed to have been put to rest....futures trading reflects a less than 50% chance of an Aug. rate hike. We had two analysts upgrades and we can't even get volume. And its not just AMD....I had 5 stocks with a 4 or greater pt. gain this AM...only 3 closed in the green. I guess I was hoping for a summer rally. Maybe earnings will get things going. ted