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.

Strategies & Market Trends : The Amateur Traders Corner -- Ignore unavailable to you. Want to Upgrade?

To: Frederick Langford who wrote (10865)	6/19/2001 3:07:11 PM
From: Tom Hua	Read Replies (1) \| Respond to of 19633

14:58 ET Tellabs (TLAB) 21.20 -1.10 (-4.9%): Sources at Lehman telling us they expect the company to pre-announce this week for FY01 at $1.10. The current First Call consensus is $1.47. 14:56 ET Intel (INTC) 46.26 -1.29: -- Update -- Stock getting hit by Joe Osha channel-stuffing comments noted in the 14:40 ET In Play. 14:46 ET FuelCell Energy (FCEL) 50.10 -9.18 (-15.4%): Merrill Lynch feels that company fundamentals remain intact but the shares are on the defensive due to concerns related to the Enron-Connecticut project. Firm feels company will receive orders from this project but the hearings, which center around product reliability, degradation and project economics, will drag on with a draft decision not due until late July. 14:40 ET Advanced Micro (AMD) 24.96 -1.44: -- Update -- Sources at Merrill Lynch telling us that Joe Osha just commented on AMD; reaffirmed estimate of $0.22 which is below consensus; says flash memory is weak, but below-consensus EPS due primarily to a sequential decline of 1 mln in microprocessor shipments, as AMD is working hard not to stuff the channel. Says Intel (INTC 26.63 -0.92) is engaging in channel stuffing, and a weak AMD qtr for microprocessor shipments would confirm that this is the case. 14:31 ET Advanced Micro (AMD) 24.96 -1.44: -- Update -- Hearing from sources at Banc of America Securities that the firm just spoke on AMD: said that flash memory pricing remains an issue and that the qtr is still at risk; says current EPS consensus is $0.28, but there's risk to $0.20. Issue said to be company-specific and should not affect Intel (INTC 26.85 -0.70).

To: Frederick Langford who wrote (10865)	6/19/2001 4:22:25 PM
From: Tom Hua	Read Replies (2) \| Respond to of 19633

Fred, TLAB warns. 4:18pm 06/19/01 [TLAB] TELLABS SEES Q2 SALES AT $500 MLN, EPS AT BREAKEVEN Consensus EPS is 0.29, quite a miss both top and bottom lines. LISLE, Ill., June 19 /PRNewswire/ -- Tellabs (Nasdaq: TLAB - news) today revised revenue and earnings expectations for the second quarter of 2001. Tellabs now projects second-quarter sales of about $500 million, compared with prior guidance of $780 million to $820 million. Earnings per share for the quarter are now expected to be break even before restructuring and other charges. Regards, Tom