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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED

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To: Sully- who wrote (38606)7/5/2001 4:52:04 PM
From: Sully-  Read Replies (1) of 65232
 
Advanced Micro (AMD) 28.64 -0.83: -- Update -- Says Q2 revs were $985 mln vs. consensus est of $1,080 mln; earnings for Q2 were $0.03-$0.05 per share vs. consensus ests for $0.26 EPS; cites weakness in the PC mkt which depressed avg selling prices.

Advanced Micro (AMD) 28.64 -0.83: -- Update -- Company warns sales declined 17% from the first quarter; cites weaker than expected flash memory demand.

EXE Tech (EXEE) 4.90 -0.50: Company warns for Q2; sees loss of $0.08-0.11 vs. current EPS estimate of $0.04; revs for Q2 are expected to be $25-$26 mln vs. consensus ests of $30.5 mln; will eliminate approximately 120 positions across all functions and regions, representing approximately 17% of the company's workforce.

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