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


To: Skipper who wrote (29048)2/27/1998 9:31:00 AM
From: scott  Read Replies (1) | Respond to of 1573930
 
Watch for downgrades of IBM...
Scott



To: Skipper who wrote (29048)2/27/1998 10:36:00 AM
From: Joey Smith  Read Replies (1) | Respond to of 1573930
 
re: The agreement will somewhat augment AMD's capacity from Fab 25 in
Austin, Texas, for the production of AMD-K6(tm) microprocessors. AMD
said that wafer starts at IBM are planned to commence during the third
quarter of 1998.

What does 'somewhat augment' mean? Its clear neither AMD nor IBM has a clue what's going to happen...I'm out after seeing the heavy selling after this news release. Market was expecting something much better. Well, we'll get to see how much money AMD loses this quarter in a couple of weeks.

joey