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Technology Stocks : Advanced Micro Devices - Moderated (AMD)
AMD 216.80+0.7%2:13 PM EST

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To: andreas_wonisch who wrote (47264)7/12/2001 5:27:13 PM
From: PetzRead Replies (3) of 275872
 
the BAD: If current conditions prevail, the company expects that overall revenues could decline in the range of 10 to 15 percent in the current quarter. With a decline in sales of this magnitude, the company would report an operatingloss.

Normal seasonality coupled with a recovery in some of the markets for flash memory products should enable the company to increase revenues and return to solid profitability in the fourth quarter.


the GOOD: Over 7.7M processors (vs. 7.3 in Q1) - this validates the Mercury Research data saying market share grew over 1%.

AMD is not counting on a Q3 recovery -- this is realistic, IMO. It kind of implies that the end of Q2 and early Q3 are worse than early Q2. (If current conditions prevail...)

The CC should be interesting.

Petz
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