Formerly About Advanced Micro Devices Message Board

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Politics : Formerly About Advanced Micro Devices

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To: Elmer who wrote (85012)	1/4/2000 9:56:00 PM
From: Cirruslvr	Read Replies (1) of 1581338

Elmer - RE: "The fact that Intel can fairly accurately forecast their earnings and analysts think they can do a better job says the analysts missed their call, not Intel." I'll keep that in mind in the future.. "If AMD does break even or post a profit, which seems more and more likely, don't you think it's the analysts who should be called wrong?" You asked Mani, but I want to answer. No. If AMD makes 50M this Q (which I would be disappointed with based on my estimate) and they don't do another earnings preannouncement, I would say it is AMD's fault for not doing a proper projection. AMD is on record as saying - "The company currently forecasts that its goal of achieving break-even operating results in the current quarter is attainable, barring unforeseen events or disruptions in the supply chain." That is why analysts current projections are close to breakeven and not on the positive side as I fully expect. If AMD's projections are correct, and they only breakeven, I will be VERY inclined to sell the next day, depending on what is said during the CC. Actually, even if they make a good amount, the CC will bbe important to me.

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