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

To: Paul Engel who wrote (55362)	4/13/1999 11:27:00 PM
From: Yousef	Read Replies (2) \| Respond to of 1573228

Paul, Re: " ... Ha ! ..." Paul, here's another good laugh --> dailynews.yahoo.com "One last chance for beleaguered AMD?" "PC chip maker Advanced Micro Devices Inc. is expected to announce grim news on Wednesday -- manufacturing snafus have driven down the company's yields of its most lucrative processors, leaving AMD selling far too few, and far too unprofitable, processors. The result: Revenues are expected to slide to $630 million on an average selling price per chip of $78, said the company last week in its third earnings warning this quarter. Previously, company chairman and CEO W. J. (Cherry) Sanders III said that AMD needed to earn $100 per chip on average to be profitable. .... Schneider described delays in receiving shipments from AMD, but added, "We have always got everything we ordered. On occasion, it's just been late." .... In describing the AMD's manufacturing problems, Brookwood frequently refers to the company as a chip maker that ably "snatches defeat from the jaws of victory." Make It So, Yousef