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Technology Stocks : Spansion Inc.
CY 23.820.0%Apr 16 5:00 PM EST

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To: bobs10 who wrote (3986)7/15/2008 7:24:08 PM
From: Joe NYC  Read Replies (1) of 4590
 
Bobs,

Q3 2007 was barely higher than Q2 2007 (up $2M). For this year, however, Spansion is predicting that for all of 2008, revenue would be flat to slightly above 2007.

Revenue so far in 2008 is $1183M, which includes very slow Q1. To at least match 2007, Spansion needs revenues of $1318M in next 2 Qs, which is an average of $659M. That's a very bullish forecast, if you asked me. I wonder if Spansion is over-optimistic, as many times in the past. But if this forecast is met, H2 should be pretty good.

Just FYI, to put that $659M average for next 2 quarters in perspective, the highest Q in 2007 was Q4 at $653M...

Joe
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