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

To: kash johal who wrote (40289)	10/29/1998 1:58:00 AM
From: Brian Hutcheson	Read Replies (1) \| Respond to of 1573221

Atiq Raza to be appointed CEO and president at the next annual meeting That should make CALPERS happy , maybe it was some buying by them that pushed AMD through the $18 resistance biz.yahoo.com I agree re. the Q4 earnings , with over 5M K6-2s and a higher ASP due to over 50% 350mhz plus K6-2 400mhz and notebook K6-300s . The VP sales stated that AMD will pressure Intel at the High end and notebooks . I believe that when the 400 is released it will surprise a lot of people . The K7 shows that there is a lot of talent on AMD's design team and some of it no doubt has been involved in improving K6-2 400 . The ultimate irony would be if AMD's per share earnings beat Intel's for Q4 . AMD had per share earnings at that level in 92-93 with less competitive products so Jerry knows how to run the business , he's been at it for 30 yrs . Brian

To: kash johal who wrote (40289)	10/29/1998 2:42:00 AM
From: Tenchusatsu	Read Replies (1) \| Respond to of 1573221

<Intel may well beat estimates this quarter ( I hope they do), AMD is positioned to SHATTER estimates of $0.08 per share, particularly with the rapid ramp up in Speed Grades.> There's no doubt in my mind that AMD will do much better than the Street is predicting. But perhaps you should be asking the same question that all the investors are asking even after AMD posted a surprise profit: Does AMD have a sound long-term strategy? Never mind the gains made from getting 3D-Now out to market first, or how great the K7 looks on paper. Never mind how AMD took advantage of Intel's lateness in the emerging sub-$1000 retail market. And never mind the debates over process technologies, die sizes, margins, fixed costs, 3D-Now, etc. These are all very frivolous questions in the light of this fact: The CPU market changes very quickly. And AMD's plans beyond the K7 are a big blur, while Intel is staying on track with their plans for Merced, Willamette, Foster, and beyond (if you exclude the big Merced delay, which screwed the whole company up but seems to be the exception rather than the rule.) Remember, just as quickly as AMD gained market share, AMD can just as quickly lose it again. That's why investors aren't convinced until AMD shows them the money. And even after all the gains and design wins that AMD has, the market still isn't going to be convinced by Jerry's promises until AMD can establish a foundation of quality, high volumes (i.e. much more than 3 to 5 million per quarter), and good reputation. A few cornerstones here and there does not a foundation make. I know that these are challenging questions, so feel free to flame me for being biased. But remember, AMD's the underdog, so guess where the burden of proof lies. Tenchusatsu