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Politics : Formerly About Applied Materials -- Ignore unavailable to you. Want to Upgrade?


To: Gottfried who wrote (51241)8/29/2001 2:08:41 PM
From: Proud_Infidel  Read Replies (1) | Respond to of 70976
 
AMD sees Q3 operating loss, revs down, units steady
(UPDATE: adds details, stock price)

SUNNYVALE, Calif., Aug 29 (Reuters) - Microchip maker Advanced Micro Devices Inc.(NYSE:AMD - news) on Wednesday said it expects an operating loss in the current third quarter as revenues fall 15 percent from the previous three months.


AMD, which also said unit shipments were still strong, is fighting a price war with No. 1 global semiconductor maker Intel Corp. (NasdaqNM:INTC - news), in the middle of an economic downturn that has hit PC sales.

Rob Herb, executive vice president and chief sales and marketing officer, told an investment conference the company continued to expect sales of flash memory products would fall about 30 percent, or $100 million, from second-quarter levels, AMD said in a statement.

Herb projected around a 15 percent fall in revenue, compared with the company's previous expectations of a 10-15 percent sequential decline.

``A revenue decline in this range would result in an operating loss for the third quarter,'' said AMD. ``Herb said the company continues to believe that PC processor unit sales in the current quarter will remain at or near the record level of the second quarter, when AMD sold 7.8 million units.''

The general manager of the Intel Architecture Group, Paul Otellini, said on Tuesday that Intel still saw a seasonal rise in demand for the second half of the year, which sparked some optimism ahead of the company's mid-quarter report on Sept. 6.

Shares of AMD were off 58 cents to $14.28 on the New York Stock Exchange, and Intel was down 44 cents to $28.07 on the Nasdaq in a mixed market for technology stocks.



To: Gottfried who wrote (51241)8/29/2001 11:41:51 PM
From: Paul V.  Read Replies (1) | Respond to of 70976
 
Gottfried, Following is the references for the DW data which
you have requested.

Paul

MARKET, LEADING INDICATORS &
SECTOR BULL PERCENTAGES
10week LEADING INDICATOR #1 10week moving average BP
30week LEADING INDICATOR #4 30week moving average BP
bpaero Aerospace Bull percentage
bpasia Asia Bull percentage
bpauto Automobile Bull percentage
bpbank Banking Bull percentage
bpbiom Biomedics/Genetics Bull percentage
bpbuil Building Bull percentage
bpbusi Business Products Bull percentage
bpchem Chemical Bull percentage
BPCOMP Computer Bull percentage
bpdrug Drug Bull percentage
bpelec Electric Utilities Bull percentage
bpeuro Electronics Bull percentage
bpeuti Europe Bull percentage
bpfina Financial Bull percentage
bpfood Food, Beverages, Soap Bull percentage
bpfore Forest Products/Soap Bull percentage
bpgame Gaming Bull percentage
bpguti Gas Utilities Bull percentage
bpheal Health Care Bull percentage
bphous Housing Bull percentage
bpinet Internet Bull percentage
bpinsu Insurance Bull percentage
bplati Latin America Bull percentage
bpleis leisure Bull percentage
bpmach Machinery and tools Bull percentage
bpmedi Media Bull percentage
bpmeta Metal Non
bpnyse NEW YORK STOCK EXCHG. Bull percentages
bpoil Oil Restaurant Bull percentage
bpoils Oil Services Restaurant Bull percentage
bpopti LEADING INDICATOR #2 Options bull percentage
bpotc OVER-THE-COUNTER Bull percentage
bpprec Precious Metals Bull percentage
bpprot Protection Safety Equipment BP
bpreal Real Estate Restaurant Bull percentage
bprest Restaurant Bull percentage
bpreta Retail Restaurant Bull percentage
bpsavi Savings and Loans Bull percentage
BPSEMI Semiconductor Bull percentage
bpsoft Software Bull percentage
bpstee Steel/Iron Bull percentage
BPTELE Telephone Bull percentage
bptext Textile Bull percentage
bptran Transportation/Non Air Bull percentage
bpwall Wall Street Bull percentage
bpwast Waste Management Bull percentage
HiLo LEADING INDICATOR #3 Highs and Lows Bull percentage