Paul Re....,,<<<<<<<<<<<<<<
AMD has a NEGATIVE PE !!!!!
They have had ONE PROFITABLE quarter in the past FOUR !
Their sales have grown at a PALTRY 4% compounded annual rate since 1995 !
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Paul, once again you have shown how ancient you are. Everybody here knows AMD made 43 cents per share 4q-99 and at a cost of $29/share Dec. 31st that = P/E of 16.86
Intel made 61 cents per share 4q-99 and at a cost of $95/share dec 31 that = P/E of 38.93
Now I realize I am not as educated as you but when I was in school, 38.93 was higher than 16.86. And earning 43 cents per share 4q-99 is POSITIVE not negative.
However if you want to dwell on negatives, look at Intel's financials I have pasted from SI below. Look at Intels GROWTH Rate chart. SALES 1 yr 4.8 3yr 17.48 5 yr. 24.5
nOTICE HOW 1 YRS. GROWTH RATE IS down to 4.8; lower than its 3 yr. and 5yr averages. Does that look like company that is growing. How about its EPS you say. EPS 1 yr. -10.85, 3 yr 19.57, 5yr. 21.52 Whoa look at that Paul, that negative sign right in front of Intel's 1 yr growth rate. And you should be proud to know Intel achieved that dubious record at a time chip sales were at a record. Well,how about revenues you say; well from the chart we see Intels revenues went from $7614 in 98 and hit $8212 in 1999. Not bad but look at 97 to 98 where intels growth rate in revenues was twice as high. How about EPS . On the surface Intels growth rate from 1998 to 1999 looks great. 38%, but a closer look shows Intels EPS 2 yr growth rate to be a paltry 8% over 2 yr.s aT LEAST AMD'S paltry 4% sales growth rate was compounded over 5 yrs. This is simple 4% EPS GROWTH. I know AMD hasn't been great over the last x number of yrs. but lately AMD'S numbers are going up and Intels are going down, except for stock price. Instead of spouting off about AMD 5, 10, 15 yrs ago, I suggest you look at the fundamentals for Intel and do they support a current p/e of 40. Read the chart below and weep.
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Intel corp
GROWTH RATES
1 Year 3 Year 5 Year
Sales % 4.80 17.48 24.50
EPS % -10.85 19.57 21.52
Dividend % 18.18 22.92 21.06
REVENUE
Quarters 1996 1997 1998 1999
MAR 4,644 6,448 6,001 7,103
JUN 4,621 5,960 5,927 6,746
SEP 5,142 6,155 6,731 7,328
DEC 6,440 6,507 7,614 8,212*
Totals 20,847 25,070 26,273 29,389*
Note: Units in Millions of U.S. Dollars
EARNINGS PER SHARE
Quarters 1996 1997 1998 1999
MAR 0.255 0.550 0.360 0.570
JUN 0.295 0.460 0.330 0.510
SEP 0.370 0.440 0.445 0.420
DEC 0.530 0.490 0.585 0.610*
Totals 1.450 1.940 1.720 2.110*
Note: Units in U.S. Dollars
Equity: Common Stock $.001 Par, 9/99, 4.5B auth., 3,341,000,000 issd. Insiders control approx. 7%. IPO 10/71, 350,000 shs. @ $23.50 by C.E. Unterberg, Towbin & Co. (As of 12/98) STD :$159M non-interest bearing; LTD: $110M @ 3.9% - 4.25%, $541M @ 5% - 12%, $5M other, $46M @ undisclosed rates. 4/99, 7/97, 6/95, 5/93, 2-for-1 stock splits.
Analyst Footnotes: 1/97 - 6/97, Co. repurchased 28.4M common shares for $2.1B. As of |
