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 : Advanced Micro Devices - Moderated (AMD)
AMD 203.14-0.8%Jan 9 9:30 AM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: ajbrenner who wrote (67028)1/3/2002 4:32:27 PM
From: andreas_wonischRead Replies (3) of 275872
 
Ajbrenner, Re: Advanced Micro Devices Reiterated `Buy' at Robertson Stephens

Here are some more details from Yahoo:

2:05PM Advanced Micro (AMD) 18.39 +2.00 (+12.2%): Robertson Stephens positive on AMD, believes co sold 8.4 mln units in Q4 with an avg selling price of $80; inventories are lean, co not stuffing the channel, new 2ghz Athlon due next week, and plans on launching a new mobile product in Q1 and a new desktop product in Q2; co is likely to split microprocessor and flash units into separate organizations. Firm thinks Street numbers are too low, raises FY01 est to $0.01 from ($0.08) and FY02 to $0.12 from ($0.31). Firm is warming to PC sector in general.

Hm, I wonder if the FY01 estimate is for pro-forma earnings or for GAAP earnings? If it's the latter AMD had to actually make a profit this quarter in order to reach Robertson Stephens' goal.

Andreas
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext