Formerly About Advanced Micro Devices Message Board

STOCKTALK

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 Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: tejek who wrote (70780)	9/2/1999 10:57:00 PM
From: Paul Engel	Read Replies (1) of 1575632

Tejerk - Re: "But how far will the profit margins have fallen? What will be its ASPs? " We'll let Charles Boucher - Bear Stearns Answer that one: {==============================} Message 11146756 "Key Points * Intel's September quarter appears to be ahead of plan, with stronger than expected microprocessor unit growth driven by the back-to-school PC selling season. We look for continued sequential growth in the December quarter. Increased Xeon unit shipments, slowing rate of price declines for Celeron products, and unit crossover between Pentium II and Pentium III have caused blended ASPs to stabilize. * Shipment of the Coppermine 0.18 micron version of Pentium III in the December quarter should enable Intel to regain microprocessor performance leadership and realize improved product mix. Pentium III microprocessors are expected to ship at speeds in excess of 700 MHz in Q4. We think gross margin expansion could exceed expectations, driving EPS upside. * Intel's recent Developer's Forum highlighted the company's IA-64 progress, with the Merced device scheduled to ship by the middle of 2000. The company also unveiled its IXA network processor family, its first major thrust into the communications component market. We believe Intel's communications IC strategy will ultimately be successful as a significant component in its multi-year, multi-layer revenue growth plan. * We are raising our EPS estimates to $2.30 and $2.75 for 1999 and 2000, respectively. We are raising our 12-month target price to $100, which reflects a target 2000 P/E multiple of about 35 times (earnings)." Source: Company data and Bear Stearns & Co. Inc. estimates. {===========================================} Re: "How many pennies under $50 will be the stock price " All I know is that today, Intel closed 3550 pennies ABOVE $50 and AMD closed 3025 pennies BELOW $50 ! Paul

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next