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.

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

To: Maverick who wrote (31522)	4/8/1998 5:57:00 PM
From: AK2004	Read Replies (1) \| Respond to of 1571043

Maverick below is another downgrade: 10:05am EDT 8-Apr-98 ABN AMRO........ Advanced Micro Devices, Inc. (ID) P/E Symbol-AMD $30.500 \| 12/97A $-0.15 NM Rating HOLD \| 12/98E $0.90 to $0.20 NM Mkt. Cap MM $4346 \| 12/99E $1.50 20.3x * We are maintaining our Hold recommendation since we believe the recent strength in the stock already reflect the yield improvement of the K6. The rumors of a major IBM equity stake in our opinion defies logic and is unlikely to be true. * We are reducing our 1998 aggressive estimates due to: only 12MM K6s instead of 15MM, and weaker non-x86 semiconductor business. Our current $0.20 per share estimate is still significantly higher than the consensus of a loss of $0.03 because we have a stronger ramp in 2H98 with better incremental gross margins.