SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : Formerly About Advanced Micro Devices
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Paul Engel who wrote (45789)1/13/1999 7:10:00 PM
From: Cirruslvr  Read Replies (1) of 1571364
 
Paul - RE: "Hey, a bad quarter once in a while shouldn't be cause for alarm."

Is this really Paul Engel writing?

Man, we all got burned with ASPs.

I wonder if management knew ASPs were going to be this pitiful when they announced in December that 4.9 mil instead of 4.7 mil processors were going to be sold.

I also wonder if AMD knew that 5.5 mil processors were going to be sold when they announced that in December.

If AMD wasn't going to pre-announce, the smart thing (at least for us investors) would have been for AMD to not say anything that day about increased processor shipment. Then, earnings projections wouldn't have been raised as much as they did in the past two or so weeks and we would have met or slightly beat estimates. Of course, by announcing what they did in December, the stock price is where it was yesterday because of the announcement.

What do you people think is better - .6 mil more processors sold than expected, a lower ASP, and missed earnings expectations or .8 mil more processors sold than expected, a lower ASP, and slightly beaten or meeting earnings?

All we can do now is wait for Conference Call highlights.

BTW, I had a stop order at 29.25, .25 from the intraday low today.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News