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Technology Stocks : Silicon Graphics, Inc. (SGI) -- Ignore unavailable to you. Want to Upgrade?

To: Jeff Maresh who wrote (7814)	9/29/2000 5:42:36 PM
From: brushwud	Read Replies (1) \| Respond to of 14451

I love to find bombed out tech stocks that have a good chance of turning around. Take a look at AMD. They could report earnings of $2 in 2H2000, including a one-time gain of around $.50 in Q3 (and Intel seems to want analysts to count their one-time gains). But they're more than 50% off their high for the year, selling for less than $24. AMD's president Hector Ruiz expects the company to earn $1 billion for the year, a significant milestone. AMD has humiliated Intel this year by outshipping them in processors running at 1 GHz and above. Their roadmap for the next few months includes chips from 1.2 GHz to 1.5 GHz. These chips use copper wiring to get that speed and are produced at AMD's plant in Dresden, which may be the largest-producing wafer fab in the world using copper. Intel has not yet announced when they will begin to use copper in their process, but it is a growing trend in the industry. A lot of folks with an engineering bent fail to appreciate AMD's flamboyant chairman & founder, Jerry Sanders. But his perseverance in trying to offer an alternative to Intel has born fruit in the end. Almost anyone else would have given up long ago. AMD also has a great business in flash memory which competes very successfully with Intel. With AMD basically owning the high-end processor market, it's too bad SGI isn't an AMD customer. SGI put a lot of effort into preparing for Intel's Itanium architecture, but Itanium is dog-slow and keeps getting postponed. Intel's own Pentium III and Pentium 4 will put Itanium to shame, if not out of business altogether.