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

To: Fred Fahmy who wrote (45820)	1/13/1999 8:34:00 PM
From: Scumbria	Respond to of 1573779

Fred, Everyone is entitled to their dreams. I wouldn't want to spoil yours...after all, it's all you have. Clearly you are a kind-hearted individual. My guess is that AMD will forget about the K7, roll over and play dead. As you have quite accurately pointed out, the company has no interest in making money. Scumbria

To: Fred Fahmy who wrote (45820)	1/13/1999 8:38:00 PM
From: Xpiderman	Respond to of 1573779

Although the scrappy chipmaker (AMD) had made substantial progress since its huge loss last year, it tripped again in the fourth quarter because it couldn't churn out enough of the faster K6 II chips that customers wanted. ''This was not a good quarter in terms of execution,'' said analyst Mark Edelstone of Morgan Stanley Dean Witter in San Francisco. ''Intel is just humming along and AMD cannot afford to louse up its manufacturing.'' ''Someone of the end of the quarter is going to be left with excess inventory'' of microprocessors, the brains of PCs, said Ashok Kumar, an analyst with Piper Jaffray Inc. in Minneapolis. ''And as it stands now, AMD's going to get left holding the bag.'' For the 1998 fiscal year, AMD said its loss widened to $103.9 million, or 72 cents a share, from a loss of $21 million, or 15 cents a share, in 1997. Analysts were expecting a bullish AMD report after Intel reported better-than-expected earnings on record sales Tuesday. AMD's stock could be hurt Thursday, since earnings didn't live up to the Street's expectations. Analysts have recently been trumpeting that fundamentals are improving in the semiconductor industry. Earlier this week, Credit Suisse First Boston analyst Scott Nirenberski said he expected AMD to be bullish in its earnings conference call in light of the K6 chip's success in the retail channel.