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Technology Stocks : Advanced Micro Devices - Moderated (AMD) -- Ignore unavailable to you. Want to Upgrade?

To: Cirruslvr who wrote (2592)	7/28/2000 10:42:02 AM
From: niceguy767	Read Replies (1) \| Respond to of 275872

Cirruslvr: Re: "Are you sure you have your calculations correct? You are projecting AMD to earn $1.5B AFTER tax this year. Maybe you misplaced the decimal in one of your calculations." Comment: Might need the gain on sale of Communications division to get to $1.5 billion after tax, but if successful in shipping 3.6 and 7.2 million Athys in Q3 and Q4 respectively and if flash profit contribution remains stable (and management implied yesterday it will) then $9.00 after tax remains attainable...I have raised my eps range from $4.00 to $7.00 (since January) to $7.00 to $10.00 in light of managements forward guidance yesterday!!! Note: Management mentioned $1 billion yesterday so that may be the worst case scenario foreseen by them!!!)