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Technology Stocks : Intel Corporation (INTC) -- Ignore unavailable to you. Want to Upgrade?

To: HISBROTHER who wrote (72882)	2/4/1999 3:55:00 PM
From: Joe Griffin	Respond to of 186894

Advanced Micro says could incur oper loss in Q1 Reuters Story - February 04, 1999 15:49 SUNNYVALE, Calif, Feb 4 (Reuters) - Chip maker Advanced Micro Devices Inc. said on Thursday that based on a re-assessment of competitive business conditions, it could incur an operating loss in its current fiscal first quarter. AMD shares tumbled earlier before they were halted from trading on the New York Stock Exchange, pending news. The stock fell amid speculation the company would have difficulty meeting 1999 first quarter earnings estimates due to increasingly tough pricing competition against its major rival Intel Corp .