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

To: Pravin Kamdar who wrote (84896)	7/15/2002 8:21:07 PM
From: Petz	Read Replies (3) \| Respond to of 275872

Is there a chance that the NVidia chipset news today is actually bad? I thought we heard quite recently that NVidia would not be improving any Socket A chipsets but would concentrate on Hammer. But if Hammer is delayed... Did they change their mind or did I remember wrong? Petz

To: Pravin Kamdar who wrote (84896)	7/15/2002 8:45:00 PM
From: niceguy767	Respond to of 275872

Pravin: "In addition, firm hears that CEO Craig Barrett plans to address INTC employees immediately following the analyst conference call on Tuesday, although the reason for the meeting is unknown. My guess is 10,000 layoffs." No raises given those much ballyhooed world class yields???

To: Pravin Kamdar who wrote (84896)	7/15/2002 9:05:36 PM
From: milo_morai	Respond to of 275872

My guess is 5,000.

To: Pravin Kamdar who wrote (84896)	7/15/2002 9:39:39 PM
From: Joe NYC	Read Replies (2) \| Respond to of 275872

Pravin, My guess is 10,000 layoffs. It could only be no raises, hiring freeze, but it could mean closing some older facilities. besides what it really turns out to be, almost as important is how Wall Street will digest it. It can be positive (cost cutting, increased profitability later) to negative (no recovery on the horizon). But one thing, no matter what it turns out to be, it will be hard to find anything positive in it for AMD. Joe