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

To: Cirruslvr who wrote (13644)	10/13/2000 1:22:05 AM
From: milo_morai	Respond to of 275872

<font color=brown>Other analysts had a more positive outlook for AMD, however, predicting solid demand and that supply issues would be a short-term problem that would self-correct. Company executives noted in a conference call it would be "hard-pressed to meet demand." "Management claims the microprocessor shipment unit is going to be constrained by chipset availability from its partners," Needham & Co. Inc. analyst Dan Scovel said. "We're not convinced it will be as bad as they say, and even if it is, if fixes itself in the next quarter." Scovel cut estimates for the fourth quarter, but maintained a strong buy rating on AMD. He noted that the stock's price has already fallen in recent weeks by association with earnings warnings by other chipmakers. In the microprocessor market, AMD is a chief competitor with Intel Corp. , which warned last month that third-quarter revenue would fall below forecasts because of weak demand for its microprocessors in Europe. ragingbull.altavista.com