The Market internal is weak the three peaks similar to those in May 2006 last week market still talked about too much competition among chip makers so profits would significant reduce, this week people started to pick up chips, amazing. As mentioned last month, the market is trading side way within a narrow channel, now is still in the same situation but sitting on the top AAPL is overbought MSFT is weak but Vista is the thrump card and GOOG is showing strong sign after the upgrade
Glad I'm not holding any AMD AMD sees Q4 rev below analysts' estimates Thursday January 11, 9:41 pm ET Microchip maker Advanced Micro Devices Inc. (NYSE:AMD - News) warned on Thursday that fourth quarter revenue would fall well short of analysts' estimates and operating earnings would be substantially lower than in the third quarter, citing lower average prices for its chips. AMD said that it now expects revenue in the fourth quarter to rise about 3 percent from the third quarter, implying revenue of about $1.37 billion.
It said fourth quarter operating income, excluding acquisition related charges and certain results from the purchase of graphics chip maker ATI, "is expected to be positive but substantially lower than in the third quarter."
Shares of AMD, Intel Corp.'s smaller rival in the processor business, fell more than 2 percent in extended trade after the company issued a two-paragraph statement late in the day.
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