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[relax]

This surely does not seem like a "new highs" market, Nasdaq Composite resistance at 2.488 - is that the high and shorting level of today? Advanced Micro Devices Monday said it expects revenue of about $1.225 billion for the first quarter ended March 31. The Sunnyvale, Calif., semiconductor maker said revenue fell sharply on a quarter-over-quarter basis for its Computing Solutions' business due to lower overall average selling prices and significantly lower unit sales, especially in its resale sales channel. The current average estimate of analysts polled by Thomson Financial is for a loss of 30 cents a share in the March period on revenue of about $1.55 billion. Advanced Micro also said it plans to restructure its business in an effort to lower its operating costs. It's targeting a reduction a $500 million in capital spending in 2007. The company will also "significantly reduce" discretionary expenses and limit hiring to critical positions. Advanced Micro plans to report its first-quarter results on April 29, after the closing bell.

[Rogerdodger]

Winners and losers.
Guess the radio guru will be talking about this buy at $19:
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