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: Paul Engel who wrote (37581)	9/28/1998 2:31:00 PM
From: Maxwell	Read Replies (1) \| Respond to of 1572644

High Priest: << TWO AMD downgrades today - just a few weeks before earnings.>> Sell your AMD now and short AMD with all the money you have. You will make big money. With Window95 bug of the K6-2-350, 2 downgrades AMD, CeleronB, PII-450, upcoming $600 Katmai, upcoming vapor K7, and BIG LOSS Q3 AMD is going out of business soon. SHORT IT! Maxwell

To: Paul Engel who wrote (37581)	9/28/1998 5:41:00 PM
From: Profits	Read Replies (5) \| Respond to of 1572644

Paul, I don't know why you're creating all of this fear uncertainty and doubt. The brokerage firms stated exactly why they were downgrading the stock. Back in August when the stock was at $15 they rated AMD a STRONG BUY with a short term target of $22. The stock hit $22 the other day and pulled back to around $20 until the downgrades were released today. Since the stock had met their price target, they downgraded the stock from a Strong Buy to a Buy. My hunch is that these analysts are trying to accumulate this stock at discounted prices before the October 6th earnings release. Especially since another Tier 1 PC supplier will announce K6/K6-2 based platforms in mid-October with 2 other OEMs to follow. The K6/K6-2 is already being used by Compaq, IBM, Hewlett Packard, Acer and DEC. AMD has yet to win a K6/K6-2 design at DELL, Gateway, Packard Bell and Toshiba. Rumor has it that AMD will meet their 4M CPU quota for this quarter. If 3 of these 4 suppliers announce an AMD based machine, Intel will only have one safe haven, thus allowing AMD to reach their 5.5M CPU target in the fourth quarter. When IBM announced they were using AMD a while back, the stock rose $5 in one day. What do you think will happen when three market leaders announce K6/K6-2 based machines? Profits