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fowler

11/06/02 11:27 AM

#2281 RE: wbmw #2280

WBMW,

That's my guess as well. But they did say they had a telephone interview with Ruiz:

``We will share as much as we will be able to,'' Ruiz said in a phone interview Tuesday. ``We are trying to put something in place that is not one-event driven. We are trying to make this part of a strategic transformation for the company.''

I'm assuming it's just bad journalism.

John


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DewDiligence

11/06/02 7:59 PM

#2291 RE: wbmw #2280

Yes, the Mercury News article on AMD does contain old info:

In paragraph 9, the article implies that AMD’s (pre-layoff) break-even quarterly revenue is $750-800M. However, AMD’s CFO stated in a recent CC that break-even is $900M. (What’s another $100-150M among journalists?)

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On a totally different subject, GLW was up 22% today, partly because their main optical-fiber competitor is cutting capacity by half. (I mention this here because the iHub MB for GLW is completely moribund. GLW is my second-largest tech holding.) FWIW. Dew