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

To: Goutam who wrote (9530)	9/21/2000 4:36:34 PM
From: andreas_wonisch	Respond to of 275872

Goutama, Re: It's the beginning of reversal of credibility. That's exactly what I am thinking -- I really like the news (although I feel sorry for the Intel shareholders). If you look at the Intel gross margins, they were under heavy pressure -- guess why: They lost high end sales to AMD and ASPs were falling because of that. They also sold $100 million more in shares than previously estimated, without that additional sales revenue would be even worse. I really hope that AMD will also preannounce -- positive. Andreas

To: Goutam who wrote (9530)	9/21/2000 6:29:26 PM
From: Petz	Read Replies (3) \| Respond to of 275872

I was in the process of setting up custodial accounts for my kids and selling their mutual fund shares. Looks like my timing was perfect. I don't expect a doubling in two weeks, but this is the catharsis we needed. Europe is probably heading into a recession, the Euro consumer is being squeezed by oil prices and currency weakness. That's the exact opportunity when AMD takes market share away from Intel. Brand names don't matter when you can barely afford a computer. The largest Brit computer firm started selling Duron and Athlon machines, and half their first day sales were AMD. Its no coincidence that news came out on the same day Intel warned of slow Euro sales, which is really just the tip of the iceberg. I may get a margin call sent tomorrow, but I will meet it, this is the buying opportunity of a lifetime. Petz