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Politics : Formerly About Advanced Micro Devices

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To: Scumbria who wrote (45760)1/13/1999 6:45:00 PM
From: Fred Fahmy  Read Replies (1) of 1572780
 
Scumbria,

<What is everybody whining about? $0.03 is meaningless. >

Meaningless? It's a 17% earnings miss in a quarter that was suppose to have upside surprise. It's also much much much more than they have earned in the last 12 quarters combined. Three cents is a mountain of cash to AMD.

When will people learn that AMD is a stock for traders and suckers. Congratulations to the traders who rode the last wave of hype upward. To those who continue to believe in AMD's long term prospects, I suggest you wake up. BTW, I heard that Jerry is thinking about changing AMD's earnings moniker from "just wait until next quarter" to "just wait" <g>.

FF
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