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Technology Stocks : Advanced Micro Devices - Moderated (AMD) -- Ignore unavailable to you. Want to Upgrade?

To: Joe NYC who wrote (62835)	11/8/2001 3:55:23 AM
From: wanna_bmw	Read Replies (1) \| Respond to of 275872

Joe, Re: "I recall seeing it on just about every roadmap published." You mean leaked roadmaps, right? I don't believe Intel publishes their roadmaps publicly. wanna_bmw

To: Joe NYC who wrote (62835)	11/8/2001 1:45:59 PM
From: Paul Engel	Respond to of 275872

Thursday November 8 1:24 PM ET AMD Reiterates Guidance, Profit Delayed NEW YORK (Reuters) - Advanced Micro Devices Inc. (NYSE:AMD - news), the No. 2 maker of computer microprocessors, on Thursday reiterated financial guidance for the fourth quarter, but said weak demand could delay the company's return to profitability until the second quarter of 2002. In a statement, AMD Chairman and Chief Executive W.J. Sanders said overall revenues in the fourth quarter should be flat or up by a ``high single-digit'' percentage. The outlook is the same as guidance given on October 17 when AMD reported its third quarter earnings, the company said. Sanders added that the company expects to be profitable overall in 2002, as a cost containment and reduction program helps operating results beginning in the second quarter. In the first quarter, Sanders said, PC processor revenues could decline from the fourth quarter because of ``seasonal patterns,'' and pricing pressures on flash memory products are expected to remain intense. Email this story - View most popular \| Printer-friendly format dailynews.yahoo.com