Stockman Scott's Political Debate Porch Message Board

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Politics : Stockman Scott's Political Debate Porch

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To: Jim Willie CB who wrote (2470)	7/17/2002 5:11:04 PM
From: Sully-	Read Replies (1) of 89467

17:08 ET IBM (IBM) 70.69 +1.68: -- Update -- On conference call, company lowers second half forecast for its Global Services division to "modest revenue growth" from its earlier forecast of double digit growth... Stock at 71.10. 17:06 ET Advanced Micro misses earnings estimates (AMD) 9.33 -0.07: Company reports Q2 net loss of $0.54 per share, $0.09 worse than the Multex consensus; Q2 revs came in at $600 mln vs the consensus of $600 mln; note that the earnings miss comes despite two earnings warnings issued during the quarter; expects sequential flash growth which fits with the strength in SNDK's results; AMD sees Q3 sales up modestly vs the current consensus estimate for sales of $670 mln.

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