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

To: Scumbria who wrote (47651)	1/28/1999 12:39:00 PM
From: Xpiderman	Respond to of 1571172

>>What's up with the stock? It is pushing $23<< Because INTC announced stock split plus a 50% hike of dividend, and rumor said AMD may soon announce its stock split, I mean reveres split. Buy more AMD shares while you can, before it becomes $30+ after a reveres split.

To: Scumbria who wrote (47651)	1/28/1999 1:10:00 PM
From: RDM	Read Replies (1) \| Respond to of 1571172

The wall street tantrum is playing out. The more volatile of them turned emotional when they were suckered into raising their forecasts in the week before the CC. Their jobs as analysts were in question and they were going to get even. The market now looking past the upset of earning vs projections and is assessing the long-term good news that: 1: AMD earned significantly more than same quarter in the previous year or previous quarter. The increase was just not enough. S&P concluded improving conditions at AMD: OUTLOOK: STABLE The company's operating improvements during 1998 have mitigated concerns about near-term severe erosion of its financial flexibility. 2: AMD has a strong roadmap and may pass Intel (on an equal clock freq. basis) in speed by a small margin by products in early production in late Q1 and by a larger margin by products in early production in Q2. This is the best product architecture position that AMD has ever enjoyed in the X86 CPU business. Two hot chips are coming. 3. AMD is processing first Silicon in Dresden. Though it not useful yet for significant economic production, it is online and pumping out wafers with .18 micron masks. It is forecasted that it will be used for revenue in Q1 of next year (2000). 4. AMD is an underdog stock and it is #2 in a market dominated by a very strong #1. However, the market leader has hugh profit margins to protect and is in the process of losing the advantage of being the only player in the market with a high performance X86 CPU. In fact the underdog may pass the market gorilla in performance. This is a bell weather even. 5. Underdog stocks are not simple to evaluate in their position. Market share plays as critical a role as earnings. AMD had a spectacular market share growth in the low cost end of the market last year. Conservative analysts and Intel pundits would never have believed a year ago than AMD would be shipping 5.5 million CPUS/quarter in Q4/98. 6. AMD is now not forecasting large increases in shipping rate but rather projects increases in ASP due to moving up market in performance. There plans are responsive to what most observers agree as what is necessary to generate more AMD profit. What remains as hurdles for AMD execution are chip design development completion and semiconductor fabrication transition to .18 micron. Neither of these is trivial, and both may experience some delays. In my opinion, considering all of these factors, and the enormous potential for growth in share price if AMD succeeds, that $25-$35 per share is a "fair value". I believe that the stock will slowly float up into this range during remainder quarter unless some catastrophic news occurs that changes the prospects for AMDS future.

To: Scumbria who wrote (47651)	1/28/1999 2:11:00 PM
From: Jim McMannis	Respond to of 1571172

RE:" What's up with the stock? It is pushing $23."... Your hero is secretly loading up? <G> Jim

To: Scumbria who wrote (47651)	1/28/1999 2:19:00 PM
From: Petz	Read Replies (1) \| Respond to of 1571172

>>>What's up, pushing $23? <<< Perhaps word that AMD intends to pre-empt the Pentium III party on Feb. 17? INTEL TO PULL OUT STOPS FOR PENTIUM III DEMO Intel will gather hundreds of industry partners and pull out all the stops at an event scheduled for Feb. 17 in San Jose, Calif., where the chip giant will show off the multimedia prowess of its forthcoming Pentium III processor. "This will probably be the largest thing we've ever put on, the largest thing we'll do all year," said Intel spokeswoman Christine Chartier-Morris. "I think it's going to be an amazing show." For the full story: infoworld.com Petz