Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : AMD:News, Press Releases and Information Only! -- Ignore unavailable to you. Want to Upgrade?

To: David B. who wrote (3221)	12/29/1997 8:10:00 PM
From: Brian Hutcheson	Read Replies (1) \| Respond to of 6843

David , re. price war that neither team can win Intel's shareholders are used to gross margins (intentional pun) AMD's share price is not based on fat margins but on its short term problems in ramping K6 production . In the first case it is much more difficult to change the playing field . In the second case the solution is entirely in AMD's hands and contrary to the phoney propaganda from the Intel camp I believe that AMD is up to the challenge . They have the experience and the record that tells me they either have or will have over the next quarter solved the production problems . they also have one of the most modern FABS in the world and I also have a feeling that the reversal of yield in Q3 must have had something to do with Vinod Dham and his recent departure , if that is the case then AMD was justified in parting company with him . regards , Brian

To: David B. who wrote (3221)	12/30/1997 1:23:00 AM
From: Paul Engel	Read Replies (1) \| Respond to of 6843

David B. Re: "But the analysts and pundits have given very high marks to the K6, " You bet - Mark Edelstone (Prudential), C.B. Lee (Sutro), Erika Klauer (Salomon), Drew Peck (Cowen & Co.), Michael Gumport (Lehman) all LOVED the K6. They set 12 month target prices (7 to 8 months ago) for AMD to be $60 to $90. Yep - some analysts really loved this company and this product. By the way - AMD is currently selling for a little less than the $60 to $90 projected price as hyped be these well-regarded analysts. Paul