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Techman

08/02/03 7:34 PM

#6500 RE: Elmer Phud #6495

Well, a number of network stocks like GLW, NT, JNPR, CNXT recently doubled and tripled because it became evident they may survive. I feel there is a lot of doubt out there whether AMD will survive. They are bleeding pretty badly. Any profit, even if it came at the hands of cost cutting would greatly enhance the stock. Clearly management has waited to cut to the bone hoping their new chip and a turn around in the chip sector would rise their boat. In my opinion, they could run out of time.