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


To: Bruce A. Thompson who wrote (42037)11/21/1998 7:37:00 PM
From: ajbrenner  Respond to of 1578162
 
Soros Fund buys 1,819,500 shares of AMD in Q3

Soros Fund Mgmt Portfolio Value $3.9B As

Sept. 30

Dow Jones Newswires

WASHINGTON -- Soros Fund Management LLC's portfolio of about 136
stocks was valued at $3.9 billion at the end of the third quarter on Sept. 30,
compared with 247 stocks worth $8.02 billion at June 30, the end of the
second quarter.

A Thursday Federal Filings Business News report said Soros purchased
1,495,800 shares of Southern New England Telecommunications, a unit of
SBC Communications Inc. (SBC), valued at $116.6 million and 8.4 million
Globalstar Telecommunications Ltd. (GSTRF) shares valued at $94.1 million.

The hedge-fund group bought 1,005,000 shares of H.F. Ahmanson & Co., a
unit of Washington Mutual Inc. (WAMU), valued at $55.8 million and
1,819,500 Advanced Micro Devices Inc. (AMD) shares with a market value
of $33.8 million.

Soros's other significant new positions were 1.5 million CompUSA Inc.
(CPU) shares valued at $26 million; 600,000 Union Pacific Corp. (UNP)
share worth $25.6 million; 410,000 Suntrust Banks Inc. (STI) shares valued
at $25.4 million; 320,000 Eli Lilly & Co. (LLY) shares worth $25.1 million;
485,000 Schlumberger Ltd. (SLB) shares worth $24.4 million; 285,000
Wachovia Corp. (WB) shares worth $24.3 million; 430,000 Mellon Bank
Corp. (MEL) shares worth $23.7 million; and 400,000 Class B Viacom Inc.
(VIAB) shares worth $23.2 million.