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

To: Bob Howarth who wrote (121550)	8/2/2000 4:37:52 PM
From: tejek	Respond to of 1575597

If CSCO comments caused this disaster in AMD price, and I ran AMD, I would cancel contract with CSCO and let them find their flash someplace else. I doubt if ANYONE would sell them a bit, after this little incident. That is, unless this whole CSCO thing is a bunch of crapola. Bob, Its the markets that are crapola as you put it, not CSCO. Once again, CSCO was trying to calm the street, not hurt AMD. But the street is manic right now and manages to make every bit of news negative so that it can sell off. I will post you CSCO's comments so you can see. ted

To: Bob Howarth who wrote (121550)	8/2/2000 4:39:46 PM
From: tejek	Read Replies (2) \| Respond to of 1575597

Cisco Says Supply of Memory Chips, Other Parts Is Improving Burlingame, California, Aug. 1 (Bloomberg) -- Cisco Systems Inc., the world's largest maker of computer-networking equipment, said the supply of flash-memory chips and other parts for optical- networking gear has improved this quarter. ``We have seen dramatic improvement in (the) supply chain this quarter,'' Carl Russo, vice president of Cisco's optical-networking group, said at the Opticon 2000 conference in Burlingame, California. Cisco in May said that any persistent shortages of flash or other components could hamper the San Jose, California, company's ability to meet analysts' expectations. Makers of everything from cellular phones to electronic organizers have said they could have shipped more products if more parts had been available. ``The biggest supply issue for all of us has been flash,'' Russo said. ``Some of the cell-phone makers may have over- forecasted their demand'' for flash, freeing up parts for optical equipment made by Cisco and others. Cisco shares fell 2 to 63 7/16 in late trading. They've gained 19 percent this year. Aug/01/2000 15:28 ET 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.