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 (46762)	1/20/1999 5:03:00 PM
From: Joey Smith	Respond to of 1572373

Erika downgrades AMD today. I'm sure albert can give the full details. Erika expects trading range from $25-35. huh??? Someone should tell her the stock was at $22 when she downgraded. From CBS marketwatch: On the downside, Advanced Micro Devices (AMD) fell 1 1/8 to 21 after BT Alex. Brown analyst Erika Klauer downgraded her rating on the stock to "market perform" from "buy." She also lowered 1999 earnings estimates to $1.15 a share from $1.25 a share, citing in part higher research and development costs. Klauer said she expects the stock to trade between $25 a share and $35 a share until sales improve to cover higher operating costs.