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


To: dhellman who wrote (22175)12/11/2000 5:23:05 PM
From: Jim McMannisRead Replies (2) | Respond to of 275872
 
RE:"AMD Expects Fourth-Quarter Sales and Earnings Will be Lower Than Anticipated; Company Now Expects Flat to Nominally Higher Sales
12/11/00 5:16 PM ET"

Oh brother...looks like the slow Christmas sales season has hit AMD...

Jim



To: dhellman who wrote (22175)12/11/2000 5:26:03 PM
From: andreas_wonischRead Replies (1) | Respond to of 275872
 
Dhellmann, Re: AMD Expects Fourth-Quarter Sales and Earnings Will be Lower Than Anticipated

Very disappointing, especially the EPS target (that's negative EPS growth over Q3). It wasn't probably a very good idea to shift expenses from Q3 to Q4 to meet the Q3 numbers. Interesting enough the stock is at $17 AH as I write. (down 3/16 from the close) Looks like the news of this warning was already factored in... Maybe we ignored to many warning signs in the last few days (warnings, severe price cuts etc.).

Andreas