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Politics : Formerly About Advanced Micro Devices
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To: Maverick who wrote (120691)7/21/2000 8:00:42 PM
From: TimF  Read Replies (1) of 1572777
 
Very Interesting to have SSB raise the target now, considering the recent downgrade and their part in the bond buyback as well as options expiration.

I like this
* Given the better profit outlook, we are raising our
fully-taxed EPS from $3.88 to $4.23; reported EPS (with
the last 3 quarters at 20% tax rate) are reduced from
$5.50 to $5.29, while 2001 goes from $5.00 to $5.50.

Predictions for 2001 that are above 2000. I think the estimates are low but it looks better to see predictions of future year on year increases.

Tim
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