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Politics : Formerly About Advanced Micro Devices

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To: StockMan who wrote (34498)7/14/1998 7:18:00 PM
From: Xpiderman  Read Replies (2) of 1576245
 
Advanced Micro Devices (AMD): Morgan Stanley Dean Witter lowers
estimates for chip maker after the company posted a wider than
expected Q2 loss, cuts FY98 EPS from loss of $0.05 to loss of
$0.65 a share and FY99 from net of $0.80 to profit of $0.50 a
share; continues to rate issue at "neutral".

The following is AMD 's historical numbers and my estimates.

AMM
93 94 95 96 97 98 99

Mar $0.60 $0.81 $0.91 $0.07 $0.09 -$0.39 $0.00e
Jun $0.63 $0.89 $0.86 -$0.33 $0.07 -$0.45 $0.15e
Sep $0.60 $0.83 $0.52 -$0.25 -$0.22 -$0.12e $0.17e
Dec $0.41 $0.73 $0.52 -$0.15 -$0.09 -$0.06e $0.13e

Year $2.24 $3.26 $2.81 -$0.66 -$0.15 -$1.02e $0.45e
Yr./Yr. n/a 45.5% -13.8% -123.5% -77.3% -146.6% n/a

Historical P/E Range:
High 89 41 25 13 n/a n/a
Low 27 18 11 5 n/a n/a

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