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Technology Stocks : Intel Corporation (INTC) -- Ignore unavailable to you. Want to Upgrade?

To: SisterMaryElephant who wrote (139024)	7/10/2001 11:51:24 PM
From: Joe NYC	Read Replies (2) \| Respond to of 186894

Steve, By comparison, AMD is very open and forthcoming I think you will learn as much or more about Intel from AMD's report and conference call than from Intel's. Joe

To: SisterMaryElephant who wrote (139024)	7/11/2001 10:25:04 AM
From: Windsock	Read Replies (1) \| Respond to of 186894

Steve - Re: "By comparison, AMD is very open and forthcoming, which is why everyone expected EPS for the quarter of 27 cents and we are now told they will be 3 cents." AMD needed to conceal its bad earnings so the insiders could first sell their shares the end of May. When the shareholders suits hit, AMD will pay the tab and the insiders will keep their profits. AMD pulled a "record order" into Q2 delivery from Q3. Otherwise AMD would have probably suffered a loss in Q2. From an SSB report by Jonathan Joseph: "Furthermore, we have been hearing that the company [AMD] pulled in at least one record order just before the quarter close to help make its quarter. Quarter end deals almost always are negotiated at a substantial discount. While these sharp price cuts have definitely boosted processor volumes, it appears that this has come at the cost of significantly lowered gross margins."