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Re: KeithDust2000 post# 49628

Tuesday, 12/21/2004 10:39:46 AM

Tuesday, December 21, 2004 10:39:46 AM

Post# of 97580
This is probably what's behind the price pressure we saw yesterday and this morning. Still Macronix is projecting a profit. AMD with its mirrored-bit making up more of the product line probably has a slightly better cost structure. Still, while not expecting to see a loss in flash for AMD, BE is beginning to look pretty good. Probably somewhere between BE and last q's $15m.

Given the relative contributions of CPG and flash to AMD's bottom line it looks like the market is probably over stating flashes importance.

It's always nice to have a little powder left for moments like this, but we're probably not as low as we'll go yet.
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