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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: milo_morai who wrote (129176)11/29/2000 12:56:05 PM
From: tejek  Read Replies (1) | Respond to of 1570867
 
AMD does not respond to rumors. The company has given no indication that it is experiencing any manufacturing difficulties. In the event there are new material developments, we will issue a press release.

Milo,

What's this about? I have heard anything re manu. problems.

ted



To: milo_morai who wrote (129176)11/29/2000 2:30:24 PM
From: Scumbria  Respond to of 1570867
 
Milo,

It seems pretty clear from the press release that AMD is not having manufacturing problems.

Scumbria



To: milo_morai who wrote (129176)11/29/2000 4:43:18 PM
From: tejek  Read Replies (1) | Respond to of 1570867
 
Milo,

Here's the real problem with AMD's stock:

____________________________________________________________

Gateway to Badly Miss Fourth-Quarter Revenue, Earnings Estimates
By TSC Staff

11/29/00 4:18 PM ET

Gateway (GTW:NYSE) expects to report revenue and earnings for the fourth quarter ending Dec. 31 that will be significantly below Wall Street's consensus estimates, citing weaker-than-expected consumer holiday sales of personal computers.

The PC maker expects to report revenue of about $2.55 billion for the fourth quarter, roughly equal to the same period the previous year and $500 million below previous estimates.

Gateway also expects operating income of at least 37 cents a share, while analysts are looking for earnings of 62 cents, according to First Call/Thomson Financial.