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fowler

10/02/02 4:25 PM

#1129 RE: Elmer Phud #1126

From Briefing:

16:17 ET Advanced Micro cuts Q3 forecast (AMD) 5.37 halted: -- Update -- Co now expects Q3 sales of $500 mln, vs consensus of $615.1 mln, and says that they now anticipate "a substantial operating loss" for the qtr; co cites continuing weakness in the PC mkt.