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Politics : Formerly About Advanced Micro Devices

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To: ajbrenner who wrote (84518)12/31/1999 6:53:00 PM
From: Cirruslvr   of 1577519
 
AJ - RE: "Courtesy of AthlonK75 from Yahoo"

Thanks to both of you for the news!

I expect more of these leading to Q4 earnings release because current average estimates are still for a loss.

Did you notice they are expecting flash revenues of only $224? AMD specifically said they expect $250M.

"At an analyst meeting at company headquarters in Sunnyvale, California, Chairman and Chief Executive Officer W.J. Sanders III said the company had sold out its Flash memory availability for the current quarter, and that he expects that the company will achieve $250 million in sales of Flash memory devices in the current quarter."

amd.com

But the analyst tries to make up for his low estimate by saying this - "Flash should present some upside to our present Q1 forecast of $224 million, up 15% sequentially."

These guys make no sense!

Isn't it their JOB to make ACCURATE predictions??
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