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


To: nokomis who wrote (34527)7/14/1998 11:12:00 PM
From: StockMan  Respond to of 1574098
 
AMD has to make $1/shr in Q4 (according to AMD's filing with the SEC) or their creditors will auction off AMD. Their stock price will then be ZERO (0).




To: nokomis who wrote (34527)7/14/1998 11:31:00 PM
From: Time Traveler  Respond to of 1574098
 
nokomis,

Ramping from 1.55M units in Q1/98 to 2.67M in Q2/98, it is very obvious that AMD is taking market share away from Intel.

The question is. Is it worthy doing so, losing more (record) money? Meanwhile, Intel reported a $1.2B profit in Q2/98. The gross margin on paper is 49%, but before the one-time charge, it is over 50%.

Since AMD is still a profit organization, this charity work for the consumers really does not make much sense.

Good Investing (I mean minimizing your loss),
Time Traveler