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

To: fp_scientist who wrote (14610)	10/17/2000 3:51:16 PM
From: Maverick	Respond to of 275872

Until Intel gets its chips sorted, the Athlon is king of the speed circuit electronicnews.com AMD Flexes Speed Muscle With 1.2GHz Athlon Electronic News Oct 17, 2000 --- While Intel empties shelves and recalls its fastest processor, Advanced Micro Devices Inc. (AMD) surged ahead today in the Gigahertz speed wars, releasing the first of a series of souped-up Athlons the company hopes will compete with next month’s Pentium 4s. The 1.2GHz Athlon will be available in Compaq Computer Corp., Gateway and Hewlett-Packard Co. computers, with Gateway offering systems for sale today. Also Sunnyvale, Calif.-based AMD has started shipping a pumped up 800MHz Duron for PCs from HP and other OEMs. The 1.2GHz Athlon and 800MHz Duron processors are based on seventh-generation PC processor architecture and will give the company more than a temporary advantage over rival Intel’s fastest Pentium chip, which runs at 1GHz. The speed differential would have been less, had the Intel juggernaught not snagged itself again grabbing back its 1.13GHz Pentium III from the shelves following the latest in a series of technical glitches, missteps and recalls that have plagued the company over the last year. While Intel blames Europe for its revenue earnings and investors clutch parachutes, things are looking up for AMD, which last week reported $408 million and 64 cents per share profit on sales of $1.2 billion for the third quarter, beating Wall Street estimates by 2 cents. And sales for the company in Europe look “just fine,” according to CEO Jerry Sanders. AMD plans a series of further and rapid speed bumps over the next quarter, but it is keeping quiet on details. Meanwhile, Intel plans to release its Pentium 4 1.4GHz some time in November, up to a month later than originally planned, if rumors about technical difficulties are true. But until Intel gets its chips sorted, the Athlon is king of the speed circuit. The 1.2GHz Athlons are priced at $612 each, with the 800MHz Duron at $170 each.