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Technology Stocks : Advanced Micro Devices - Moderated (AMD) -- Ignore unavailable to you. Want to Upgrade?

To: Jazz102 who wrote (3822)	8/7/2000 10:24:14 AM
From: david_langston	Respond to of 275872

Ashok "Never a good word for AMD" Kumar speaks: www2.marketwatch.com [...] USB Piper Jaffray analyst Ashok Kumar downgraded the chipmaker to a "neutral" rating from a "buy." Kumar said, "sustainability of profitability is questionable with desktop growth rates moderating and looming oversupply of flash [memory]." He also said the company's Duron processor has largely missed the back-to-school season. Meanwhile, Analyst Hans Mosesmann at Prudential Securities reiterated his "strong buy" on the stock, saying the recent selloff on concerns over supply/demand issues for flash products was not warranted. Regarding the Duron processor, Mosesmann said this was not news since the product only launched in June.