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


To: AK2004 who wrote (74545)3/14/2002 9:11:44 PM
From: niceguy767Read Replies (2) | Respond to of 275872
 
albert:

"More troubling to investors, some analysts said, may be the
fact that Intel's operating profit shrank last year. Competitive
pressures and Intel's desire to clear out older chips prompted the
company to cut prices, which lowered the amount of profit booked
on each semiconductor."

That was last year...And it only gets more difficult for INTC going forward given Thoroughbred next week and Hammer by year's end...Having used up $4 billion plus in capital gains surplus in FY00 and with goodwill pressures accelerating in FY02, it's no wonder the INTC top brass don't see much improvement looking forward...JS sees FY03 as an AMD banner year as Hammer comes on stream...Does anyone really believe that p4 can evolve to compete with Hammmer???