To: Johnny Canuck who wrote (24763 ) 1/9/2000 1:34:00 PM From: Johnny Canuck Read Replies (2) | Respond to of 68438
Semiconductor industry earnings seen as strongbiz.yahoo.com However, even with these limitations, most analysts are still expecting Intel to beat estimates. According to First Call/Thomson Financial, the Intel consensus estimate is 63 cents a share, excluding any charges for its numerous acquisitions in recent months. Intel archrival Advanced Micro Devices Inc. is also expected to fare well in the fourth quarter, with no problems in its manufacturing. The company could report a break-even fourth quarter or a slight profit, buoyed also by its new Athlon processors that have been exceeding expectations. ''Fourth quarter business conditions at AMD are outstanding,'' Erika Klauer, an analyst with Deutsche Banc Alex. Brown, said in a recent report to clients. ''The company remains confident that they will achieve break-even results in the quarter.'' The communications sector is expected to be booming again, with possibly better-than-expected results from Texas Instruments Inc. (NYSE:TXN - news), the leader is digital signal processors (DSPs), which are used in cell phones and other communications devices. In the consumer electronics arena, LSI Logic Corp. (NYSE:LSI - news) is expected to benefit from strong sales of satellite set-top boxes and DVD (digital video disk) players during the holiday shopping season, analysts said. The following are consensus estimates for fourth quarter earnings, unless otherwise noted, of some major U.S. semiconductor companies, as compiled by First Call. COMPANY CONSENSUS REPORTING DATE AMD loss $0.01 Jan. 19 Altera (NasdaqNM:ALTR - news) profit $0.30 Jan. 19 Broadcom (NasdaqNM:BRCM - news) profit $0.27 Jan. 18 Conexant(NasdaqNM:CNXT - news), Q1 profit $0.20 Jan. 19 Cypress Semi (NYSE:CY - news) profit $0.29 Jan. 25 Intel Corp. profit $0.63 Jan. 13 LSI Logic profit $0.43 Jan. 25 Texas Instruments profit $0.47 Jan. 25 Xilinx (NasdaqNM:XLNX - news) Q3 profit $0.19 Jan. 18 Vitesse (NasdaqNM:VTSS - news) Q1 profit $0.14 Jan. 10