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

To: Maxwell who wrote (31436)	4/8/1998 10:41:00 AM
From: Gregory	Read Replies (1) \| Respond to of 1571806

why is it so much down; any bad news? It was trading in after hours and was going up after closing yesterday. I thought it will keep going up. I guess the earnings results really hit the market just today.

To: Maxwell who wrote (31436)	4/8/1998 10:46:00 AM
From: StockMan	Read Replies (1) \| Respond to of 1571806

Maxy, Re -- Sold my July options for 100% profit. Establishing Jan. 99 options. && The stock will rock-n-roll this summer. You like AMD are devoid of any logic. Sit back and take a look at what you just said. Its complete baloney. Stockman

To: Maxwell who wrote (31436)	4/8/1998 10:58:00 AM
From: Xpiderman	Respond to of 1571806

Advanced Micro Devices announced a Q1 loss of $0.39 versus yr.-ago profit of $0.09. In addition, revenues fell 2% to $540.9 mln from $552 mln. AMD's loss was $0.14 wider than the First Call estimate, and marked the third time in the past four quarters it has fallen short of estimates. Results were adversely influenced by production problems with its K6 processor, falling prices, a glut of PCs on dealer shelves (not good news for the box makers), and weakened demand in Asia. Stock trading higher, though, in after hours trading with investors taking solace in company's improved yields and contention that production problems have been solved. Nonetheless, AMD has proven to be long on promise, but short on execution, and given the current sour tone in the tech sector, we believe stock will be hard-pressed to hold such gains. After all, falling prices, a glut of PCs, and weak demand from Asia aren't problems that are going away anytime soon.