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


To: Scumbria who wrote (52652)3/15/1999 3:39:00 PM
From: FJB  Respond to of 1575740
 
Scumbria,

Compaq was sued last year for the same thing. Maybe they should be sued every year for the seasonality of PC sales? People will start suing PC companies in the near future, because their PCs become obsolete two years after purchase. I expect I will sue someone in the near future for hurting my feelings here on SI - just kidding, but something like that could happen. :-)

nyu.edu

Bob



To: Scumbria who wrote (52652)3/16/1999 1:28:00 AM
From: Cirruslvr  Read Replies (1) | Respond to of 1575740
 
Scumbria - RE: "I'm probably going to keep my finger on the buy trigger next week."

You posted that to the Intel thread but I thought a reply would be more suitable to this thread. ;)

With this "significant loss" coming up, no one knows how bad it will be. Remember, there are 15.5 million shares short right now. If any new, bad piece of info comes out April 6, those shorts will try to push the stock even lower. When Q3 '98 earnings came out, AMD surprised everyone and posted their first profit in a while. However, they said they expected to spend more in R&D during Q4 (which Jerry said wasn't as much as they thought it would be AFTER Q4 earnings came out). That little bit of info completely negated the surprise upside profit. Well, this time AMD will probably announce more layoffs and a restructuring of the company. Usually, this is seen as a good by Wall Street, but if AMD says something like K6-3 yields aren't as good as they expected (as one article says) the shorts will take over again. Whatever the stock does the day after earnings, it will just be a setup for the probable rise because of the K7 coming out.

I'm not telling you to buy, or wait to buy, I'm just throwing out possible scenerios.