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


To: Paul Engel who wrote (10686)9/29/2000 2:23:17 AM
From: MaverickRespond to of 275872
 
AMD thumbs nose at Intel woes
By: Mike Magee
Posted: 27/09/2000 at 10:11 GMT
theregister.co.uk

Toni Beckham, the nice lady in charge of investor relations at AMD, has gone on record to re-assure people that while Intel might have a problem, its own status in Europe is absolutely fabulous.

Beckham told an AMD investor that the firm's guidance on its futures has not changed. In a posting at Silicon Investor, she is quoted as saying:

"We remain on target to reach our previously stated goals. The analysts who downgraded the stock did so without having spoken with AMD. AMD has reiterated its guidance twice since we first issued it when we announced financial results for Q2. It is not our policy to respond to analysts' comments. We would have to issue a press release daily."

Spelling it out in words of one, two or at the most, three or four syllables, the story seems to be, as reported here ad nauseam that European vendors and distributors are getting plenty of supplies of chips from AMD, and not very many at all from Intel.

We have no idea who this unnamed analyst could be. Nor do we particularly care. And just in case you get the wrong idea, The Register may be on the list of approved sites at AMD, but the obverse of this coin is not true.

AMD will take the axe to its microprocessor prices yet again in October, maybe as early as the 9th.