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

To: Elmer who wrote (48301)	2/3/1999 10:21:00 PM
From: Bruce A. Thompson	Respond to of 1572469

Street.com's take: 2/3/99 4:33 PM ET SAN FRANCISCO -- If any company's wondering how to build suspense about a deal it has in the works, just ask Advanced Micro Devices (AMD:NYSE). AMD today canceled its Thursday morning presentation at the Nationsbanc Montgomery Tech Week conference. AMD also canceled another presentation at Goldman Sachs' investment conference next week. So what's it all about? "We are not saying," said AMD spokesman Scott Allen. "All I can do is confirm the facts. We canceled tomorrow's presentation and we canceled Goldman Sachs." News of AMD's move came shortly after CDnow (CDNW:Nasdaq) pulled out of its Montgomery presentation unannounced. The news must be big. This is a company run by CEO W. J. "Jerry" Sanders, a man who doesn't exactly hide from the cameras. Even if it's too early to talk about a deal, the company could have sent someone out to give investors Sanders' spiel about fighting off the 800-pound gorilla known as Intel (INTC:Nasdaq). -- Marcy Burstiner