Deals on Wheels: The Tech Sector's Rolling Rumors Focus Of Informed Investors Forum Radio Show.SACRAMENTO, Calif.--(BUSINESS WIRE)--June 24, 1999-- It's a deal-making world and who's going to own whom after the dust settles in the wild and woolly Internet and telecommunications world? And will ongoing disappointments with chip maker Advanced Micro Devices (Nyse:AMD (Advanced Micro Devices, Inc., Sunnyvale, CA, www.amd.com) A major manufacturer of semiconductor devices including x86-compatible CPUs, embedded processors, flash memories, programmable logic devices and networking chips. ) ever prompt a change in management at the storied Silicon Valley company? Deals and disappointments dominate today's Internet news and will be the subject of today's weekly Informed Investors Forum's radio program airing from 2-3 p.m. Eastern time (11 a.m.-noon PDT PDT abbr. Pacific Daylight Time PDT Pacific Daylight Time PDT n abbr (US) (= Pacific Daylight Time) → hora de verano del Pacífico PDT ). The show is carried live on the Internet via the Realplayer on your PC. To tune in, visit www.informedinvestors.com, and click the link. Internet listeners can email questions to co-host Tim Quast at Tim@informedinvestors.com. The show is also archived for 90 days. On the deal front, the action is hot and heavy. CMGI CMGI Commonly Maintained Grounds Infrastructures CMGI College Marketing Group Information (Services) (Nasdaq:CMGI) and Lycos (Nasdaq:LYCS) are on again, off again in their mutual wooing. In one of the most amusing comments about this possible combination is Lycos' assertion that CMGI may be "overvalued Overvalued A stock whose current price is not justified by the earnings outlook or price/earnings (P/E) ratio and thus, expected to drop in price. Overvaluation may result from an emotional buying spurt, which inflates the market price of the stock or from a deterioration in a ." Now there's an original comment about an Internet stock! But other deals are perking as well. MindSpring (Nasdaq:MSPG MSPG Mor Strioch Pian Gar (gaming) MSPG Middle School Parents Group MSPG Material/Military Support Planning Guidance ) shares rose $5 Wednesday, attributed in part by a Wall Street Journal report that Gateway (Nyse:GTW GTW Gateway, Inc. (stock symbol) GTW Global Trade Watch GTW Grand Trunk Western (railroad) GTW Gatwick Airport GTW Global Trading Web (Commerce One B2B-platform) ) was in talks to buy Web service provider EarthLink Network (Nasdaq:ENLK). Also, Beyond.com (Nasdaq: BYND) today was up about 20% largely on unsubstantiated rumors that Internet gobbler gobbler male turkey. Called also tom. Amazon.com may be interested in Beyond in the beyond. Other than deals, there are the disappointments. The ongoing soap opera at AMD will lead to speculation that Silicon Valley pioneer Jerry Sanders may have stubbed his toe once too often, again on the production line. AMD's chips are world-class, but manufacturing -- is it third-world class? Will the artful dodger survive again? In addition to its weekly radio show, Informed Investors Forum is the leading producer of industry-specific investment conferences for the retail investment community. The next is the Fourth Annual Semiconductor Stocks Forum on Saturday, July 10 in Palo Alto. Analysts Charles Boucher and Theodore O'Neill are the keynote speakers. The presenting companies will be announced shortly. For details, go to www.informedinvestors.com. |
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