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

To: Gopher Broke who wrote (46121)7/5/2001 12:52:53 PM
From: niceguy767Read Replies (1) | Respond to of 275872
 
Gopher Broke:

"Not too rosy a picture, but the third quarter bottom sounds encouraging."

Agreed...Makes those q2 numbers all that more interesting from my perspective...Not too many companies that can maintain flat or growing revenues in such an environment let alone post a fairly significant eps...That's precisely why I like AMD in an absolute or a comparative sense...AMD's q2 revenues and profits will outperform the market averages by an enormous amount, imo!



To: Gopher Broke who wrote (46121)7/5/2001 1:54:15 PM
From: PetzRespond to of 275872
 
Q3 bottom doesn't sound encouraging to me (Lehman chip forecast). That violates Intel's prediction last quarter that "normal seasonal pattern" was expected. 3rd Q is always better than 2nd Q, so a Q3 bottom is NOT "seasonal."

IMO, if the Q2 conference calls say that Q3 will be worse than Q2, the Naz will test it's lows.

Petz


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