Formerly About Advanced Micro Devices Message Board

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Politics : Formerly About Advanced Micro Devices

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To: Paul Engel who wrote (31513)	4/8/1998 5:11:00 PM
From: Maverick	Read Replies (1) of 1571808

S&P Cuts 1998 Earnings Estimate for Advanced Micro to Loss personalwealth.com S&P equity analyst Megan Graham-Hackett lowered her 1998 earnings per share estimate for Advanced Micro Devices (NYSE: AMD - news) to a loss after the company reported a wider than expected first quarter loss. After Tuesday's market close, AMD posted a per share loss of $0.39 for the quarter, well below year-earlier earnings per share of $0.09 and worse than the $0.29 loss Wall Street had expected. Graham-Hackett maintains her hold ranking on the stock, which she thinks is fairly valued given the upside potential and risks

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