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

To: Van Nguyen who wrote (4262)2/5/1998 2:24:00 PM
From: Ritz  Respond to of 6843
 
Van Nguyen:

"NEW YORK, Feb 5 (Reuters) - Advanced Micro Devices Inc said Thursday it has canceled plans to appear at conferences hosted by Wall Street firms until it can offer a meaningful update on the progress of a major production transition at the company.

AMD is in the midst of a switch to 0.25 micron production for its K6 processor, which competes with Intel Corp's (INTC - news) Pentium II."

Translation: no progress.

-Ritz



To: Van Nguyen who wrote (4262)2/5/1998 2:46:00 PM
From: StockMan  Read Replies (1) | Respond to of 6843
 
Thread,
Re -- come back to the question of, 'How many K6 units will you do in the first quarter?'

This is ominous. Its very likely that AMD is making less than the 1.5M K6's it did last Q.

Without the revenue from the K6, and the HUGE expenses of Fab25, this Q looks really bleak.

I am surprised there are people still buying and holding this puppy. Of course they are suckers and are bent on losing whatever money they have in AMD.

Stockman


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