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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: privatesmith who wrote (25628)	11/7/1997 12:37:00 PM
From: StockMan	Read Replies (2) \| Respond to of 1579715

Morgan Stanley on Friday cut its rating on shares of Advanced Micro Devices Inc (AMD) to neutral from outperform. -- 1997 EPS estimate lowered to loss $0.15/shr from break-even. How did he get the .15/shr loss? For the past 3 q's AMD already has a .15c/shr loss. Jerry himself said that Q4 would result in a loss. This Bozo, is predicting a breakeven Q4 for AMD now!! The SEC and Morgan Stanley should look into what he is doing. Causing those old ladies, to loose their soc security checks. Stockman

To: privatesmith who wrote (25628)	11/8/1997 6:14:00 PM
From: ScottT	Read Replies (1) \| Respond to of 1579715

AMD was up yesterday (to many people's surprise) in sympathy with Intel despite Morgan's down grade and the general market bath. Intel said, to paraphrase, that the processor market was still going to be stong despite all the turmoil. That's nice but it doesn't address AMD's yield problems. I'm short via puts and still feel like I am in the right direction for the short term. Any serious comments anyone? ScottT PS: while most of you have interesting things to say, if you insist on just flaming in your post could you at least let the rest of us know your comment will be off topic so that we can skip your irrelevant banter (not you Edwin). TIA