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Politics : Formerly About Advanced Micro Devices

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To: StockMan who wrote (25629)11/7/1997 1:26:00 PM
From: Petz  Read Replies (2) of 1579772
 
S, re:<Jerry himself said that Q4 would result in a loss. This Bozo, is predicting a breakeven Q4 for AMD now!>

Jerry did not predict an AMD loss, he said, "that it might not turn a profit for the period."

For the past 3 q's AMD already has a .15c/shr loss.
Actually, loss so far is (0.06), so MS is predicting a loss of 9 cents.

Why is the stock up? The Zacks estimate for 4q, before this so-called bombshell, was a profit of 0.05. Thats not much different than saying that "it might not turn a profit for the period." Also, the guidance given on revenue needed to attain a breakeven quarter shows that this level of revenue is still attainable, probably not if 1,500,001 K6's are shipped, but certainly if 1.7M are.

Petz
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