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To: Scumbria who wrote (67413)	3/9/2001 12:08:34 PM
From: Don Green	Read Replies (1) \| Respond to of 93625

AMD downgraded because of Intel warning By Reuters Mar 9, 2001 (8:57 AM) URL: /story/OEG20010309S0035 Robertson Stephens said on Friday it lowered earnings estimates on semiconductor maker Advanced Micro Devices Inc. because the slowdown in the personal computer market has spread to non-PC related businesses. ``Intel last night in its pre-announcement conference call indicated that the slowdown seen over the last few quarters in the PC market now has spread to its non-PC related businesses -- namely, server, cell phone, and networking products -- across all sectors and geographies,'' analyst Eric Rothdeutsch said in a research note. Rothdeutsch cut the estimate for 2001 to $1.50 from $1.90 per share, and cut the 2002 estimate to $1.90 from $2.15, because of Advanced Micro's large exposure to flash memory predominantly used in cell phones, he said. Shares of Advance Micro fell $2.20 to $23.80 in New York Stock Exchange trading on Friday. The stock's 52-week range is between $13.5625 and $48.50