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To: Tony Viola who wrote (134009)	5/2/2001 10:34:38 AM
From: Road Walker	Respond to of 186894

Tony, Jerry says things are getting better: AMD Says PC Sector Recovery has Started By Caroline Humer Senior Writer 5/2/01 10:26 AM ET Advanced Micro Devices (AMD:NYSE - news) said the struggling personal computer sector is showing signs of real improvement. "I feel better about the current quarter than I did two weeks ago, when we announced our first-quarter results," AMD Chairman and CEO W.J. "Jerry" Sanders III said Wednesday during a Merrill Lynch tech conference in New York. Sanders added, "The PC business has definitely started to recover." He called the second quarter a "trough quarter" for the semiconductor industry, which has seen weak sales recently because of slack demand and fat inventories. "We believe that going forward ... that we can see substantial growth for the PC industry and AMD will get a disproportionate share," Sanders said. AMD has been gaining market share in its battle against giant Intel (INTC:Nasdaq - news). However, Sanders noted that the communications business remains weak, as does the flash memory business. He joked about CEO after CEO talking about their lack of visibility, saying he has it when it comes to flash -- "It ain't good." It's unlikely that industry-wide flash revenue will reach the $10 billion level it hit last year, he added.