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

To: Jim McMannis who wrote (36642)	9/2/1998 2:10:00 PM
From: Paul Engel	Read Replies (2) \| Respond to of 1572172

McMannis - Re: "You will question this "off the cuff" with a "smart" remark as usual but why else are you in the stock, Paul? " Because guys like you keep buying it even as it keeps dropping. Re: " The $317 price was the "pie in the sky" price before the 350 was even in vendor stock." No. That was AMD's official per CPU price - in quantities of 1000 - as stated in their announcement. {=================================} 08/27 2:52P (DJ) AMD Begins Shipping New K 6 -2 Chips To Rival Intel's Latest Offering Story 0786 (AMD, INTC-D, INTC, I/SEM, N/HIY, N/PDT, N/WEI, M/TEC, P/DCO...) NEW YORK -(Dow Jones)- Advanced Micro Devices Inc. Thursday said it has started shipping a faster version of its K 6 -2 microprocessor that competes with products from Intel Corp. Sunnyvale, Calif.-based AMD (AMD) said its newest chip operates at a speed of 350 megahertz and is expected to be used by personal-computer makers including International Business Machines Corp., Compaq Computer Corp. and Fujitsu Ltd. Previously, AMD's fastest chip operated at 333 megahertz. The new chip is designed to compete against Intel's latest offering. Intel this week announced a version of that chip operating at 450 megahertz. AMD expects to hit that speed in the first quarter of next year. AMD said its 350 -MHz K 6 -2 chips cost $317 in 1,000 -unit quantities. Analysts were concerned last month with production problems with K 6 chips. AMD was thought to have finally conquered production problems that hampered its results for over a year. Microprocessors are the brains of PCs. In contrast to the two previous quarters, AMD was able to make its K 6 chip in large enough quantities to satisfy big customers. The company made about 2.7 million K 6 chips in the second quarter, compared with 1.5 million in the first quarter when its capacity was constrained. A year ago, analysts had expected AMD to make four million K 6 chips in 1997 and 16 million in 1998. Instead, it made fewer than three million last year, and analysts say it will be hard pressed to make 12 million this year. But AMD remains confident it will be able to achieve K 6 production goal, as it plans to produce between 3.2 million and 3.7 million chips in the third quarter. That could rise to 4.5 million in the fourth quarter if the market demand is there, the company said. The company is trying to undercut market leader Intel (INTC) on prices for microprocessors in highly popular $1,000 computers and is hanging on to big customer accounts at Compaq, H-P and IBM. But it has made little headway in commercial computers and it isn't expecting much progress in portable computers until the fourth quarter. Intel's market share is likely to fall this year in terms of total units, but its share of revenue will fall only slightly, to 92% from 93%, according to recent comments from Nathan Brookwood, an analyst at market researcher Dataquest Inc. Copyright (c) 1998 Dow Jones & Company, Inc. All Rights Reserved. Additional Codes (P/DCZ, P/DEX, P/DSE, R/CA, R/NME, R/PRM, R/US, R/USW)