Replies to post #2428 on Advanced Micro Devices Inc (AMD)

[dhellman]

Breakeven target moves to $800 million

"-- AMD plans for cost reductions in the quarter sufficient to
achieve its target of reducing its overall quarterly cost
structure to below $800 million."

[sgolds]

Not bad! Revenue up sequentially from Q4 to Q1, that says a lot. Note to Ephud:

During the first quarter, AMD commenced production shipments of AMD Opteron(TM) processors for the server and workstation markets. The launch of the AMD Opteron processor family will occur in New York on April 22.

Ready to bury that rumor yet? It would look foolish to say otherwise.

Other stuff: Both processor and flash revenue up sequentially and expenses down. This is a very good report! It is the picture of a company that put last year's problems behind them and is ready for great things.