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To: pinhi who wrote (12464)4/12/2000 5:38:00 PM
From: BRANDYBGOOD  Respond to of 35685
 
AMD-expectations for this qtr were .46 they reported 1.15. I'd definitely say it was a blow out. They are saying next qtr will be moderately better than this one.

(BSNS WIRE) AMD Reports First Quarter Results; AMD Earns a Record $189.3 Mi
AMD Reports First Quarter Results; AMD Earns a Record $189.3 Million, or $1.15
Per Share, on Record Quarterly Sales


Business Editors/High-Tech Writers

SUNNYVALE, Calif.--(BUSINESS WIRE)--April 12, 2000--AMD today
reported record sales of $1,092,029,000 and record net income of
$189,349,000 for the quarter ended April 2, 2000. Net income amounted
to $1.15 per diluted share. The company reported strong growth in each
of its product groups -- the Computation Products Group, the Memory
Group, and the Communications Group.
Total revenues grew by 13 percent over the immediate-prior quarter
ended December 26, 1999, and by 73 percent over the like period of
1999. In the immediate-prior quarter, AMD reported sales of
$968,710,000 and net income of $65,080,000, or $0.43 per diluted
share. In the first quarter of 1999, AMD reported sales of
$631,593,000, and a net loss of $128,367,000, or $0.88 per share.
"AMD had the best quarter in its history," said W.J. Sanders III,
chairman and chief executive officer. "Each of our product groups
reported significant growth in the first quarter. Led by strength in
PC processors and Flash memory sales, sales from AMD's three product
groups grew by more than 13 percent sequentially and by more than 83
percent over the comparable period of 1999.
"Unit sales of AMD Athlon(TM) processors increased by 50 percent
to 1.2 million units," Sanders continued. "Total PC processor revenues
grew 14 percent sequentially and by more than 65 percent over the
first quarter of 1999. Total unit sales, including AMD Athlon and
AMD-K6(R) family processors, reached a new record at nearly 6.5
million units. Reflecting a richer PC processor portfolio with the
industry's broadest range of high-performance solutions, revenues from
AMD Athlon processors exceeded revenues from AMD-K6 family
processors."
During the quarter, AMD introduced the industry's first
1-gigahertz (GHz) PC processor and 850-, 900-, and 950-megahertz (MHz)
versions of the AMD Athlon processor. AMD also began sampling two new
versions of the AMD Athlon processor family that incorporate on-chip
L2 cache. The first, code-named "Thunderbird," is targeted at the
performance segment of the PC market. The second, code-named
"Spitfire," is targeted at the value segment. Both products are
planned for shipment later this quarter.
The company also commenced shipments of a 550-MHz AMD-K6-2
processor targeted at the value segment of the desktop PC market and a
500-MHz AMD-K6-2 processor for mobile systems.
The company reported that continuing strong demand for Flash
memory devices coupled with extraordinary operational execution
resulted in record sales of $327 million for the Memory Group, an
(BSNS WIRE) AMD Reports First Quarter Results; AMD Earns a Record $189.3 Mi
AMD Reports First Quarter Results; AMD Earns a Record $189.3 Million, or $1.15



To: pinhi who wrote (12464)4/12/2000 6:31:00 PM
From: Jack of All Trades  Read Replies (1) | Respond to of 35685
 
I would suspect they will sell INTC tomorrow which will not help the INDU/SPX/OEX/NDX/COMP