SI
SI
discoversearch

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.
Technology Stocks : Semi-Equips - Buy when BLOOD is running in the streets!
LRCX 160.55-4.8%Dec 12 3:59 PM EST
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Zeev Hed who wrote (9292)1/18/2001 8:42:17 AM
From: Sam   of 10921
 
RE: AMD's outlook
From a theStreet.com article on AMD's earnings:

<<Looking ahead, AMD said that first-quarter revenue would be flat from the fourth quarter's $1.18 billion. That's a little better than at Intel (INTC:Nasdaq - news), which expects revenue to decline by about 15% in the first quarter from the fourth quarter -- far below analysts' expectations. AMD also expects that unit shipments will decline to 6 million to 6.5 million from 7 million in the fourth quarter. That's above Merrill Lynch analyst Joe Osha's estimates for 5.5 million unit shipments. (Merrill hasn't done underwriting for AMD.)

For the year, AMD said its revenue growth would be at the high end of analysts' expectations for 7% to 15% growth. Based on 15% growth, AMD said net income would come in around $2 a share. The consensus estimate is for earnings per share of $2.02.

During a conference call, AMD CEO Jerry Sanders reiterated that based on his experience, he doesn't foresee as weak a first quarter as the larger Intel does. "They're either serving different markets, or they loaded customers up last quarter and are paying this quarter," Sanders said.

And the company intends to continue spending on equipment and infrastructure in 2001, raising its estimate for capital expenditures by 24% to $1 billion, he said. Intel on Tuesday said its spending would rise 12%.>>
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News