Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: steve harris who wrote (104001)	4/11/2000 7:38:00 PM
From: tejek	Respond to of 1576865

We made .43 last quarter and only increased revenues 10%. How are we going to increase earnings 69% to meet .70? Magic? steve, Higher ASP's! ted

To: steve harris who wrote (104001)	4/11/2000 7:44:00 PM
From: chic_hearne	Read Replies (1) \| Respond to of 1576865

Re: We're dead. steve, I know it was the whisper that was $.70, not the estimate. But the "whisper" number is all that seems to matter these days. What really pisses me off is if AMD turns in $.50 with a $70 share price, that's a disappointment. But if SUNW turns in $.25 with a $90 share price, that's a blowout quarter. Wall street has its favorites that it sets low expections for so they can continuously beat results. We're not one of them. We actually do have to have a "blowout quarter" in order to have a "blowout quarter". It's sick, twisted, and crooked. chic

To: steve harris who wrote (104001)	4/11/2000 7:45:00 PM
From: xun	Respond to of 1576865

steve, We're dead. We made .43 last quarter and only increased revenues 10%. How are we going to increase earnings 69% to meet .70? Magic? This guy either has an AMD's ear or is an idiot, IMHO. So, take a deep breath, and I would say $1.1b and .75 EPS. Now, I am not sure .75 can ignite the fireworks NG is talking about. The magic number would be $1. panic PS: Am I panic today?

To: steve harris who wrote (104001)	4/11/2000 8:02:00 PM
From: niceguy767	Respond to of 1576865

steve: Re: "We made .43 last quarter and only increased revenues 10%. How are we going to increase earnings 69% to meet .70? Comment: Don't be too surprised if we come in at significantly more than $0.50...$0.70 sounds low to me, I still like $1.07!

To: steve harris who wrote (104001)	4/11/2000 8:05:00 PM
From: Charles R	Read Replies (2) \| Respond to of 1576865

<We made .43 last quarter and only increased revenues 10%. How are we going to increase earnings 69% to meet .70? Magic? > Magic? No! Semiconductor economics? Yes! Don't worry, Steve. Excluding Jerry tax, $0.90-$1.10 is in the bag. Chuck

To: steve harris who wrote (104001)	4/11/2000 8:23:00 PM
From: Petz	Respond to of 1576865

We made .43 last quarter and only increased revenues 10%. How are we going to increase earnings 69% to meet .70? Magic? The magic is that if revenues are up nearly $100M, earnings will be also, because the semiconductor business is mostly a fixed cost business. AMD's workers didn't have to work many more hours to get that additional 10%. Their raw material costs were about the same. Their leases were the same. At the Q4 conference call, AMD gave guidance as to how much various expense items would go up (or down) from Q4 to Q1, actually they even estimated it for all of Y2K. The "breakeven" point for Q4 (sales - profits) was $903M. Based on what Sander's and the treasurer said in the CC, the expense level may only rise by $30M-$60M. So a revenue increase of $100M will give a profit increase of $40M to $70M, for earnings of $105M to $135M or 0.69 to 0.88. Petz