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


To: Petz who wrote (46708)7/9/2001 2:00:33 PM
From: Paul EngelRead Replies (1) | Respond to of 275872
 
Re: ", you realize, of course that if Intel posts 0.10 eps (current consensus on Yahoo, but it may actually be $0.09 now!), that is $690 million. BUT, $115M of that is their expectation for interest and gains on investments, as I'm sure Intel will sell more of their gainers and keep their losers in their investment portfolio.
AND, based on All other expectations remain unchanged, with the exception of amortization of goodwill and other acquisition related intangibles and costs, which is expected to be higher due to the impact of acquisitions that have closed within the current quarter.
I'm expecting that Intel's acquisition related costs which they exclude from their so-called "pro-forma" earnings, will be at least $570M in Q2, up from an original expectation (by them) of $520M
That leaves them with $5,000,000 of true operating earnings in Q2, or less than $0.001 per share.
Of course, if Intel doesn't meet expectations, even by a tiny bit, they will have an operating loss.
Would that perhaps be the first in 30 years? Does anyone know? "

Awfully concerned over Intel's financials.

Why?

Are you an Intel shareholder?



To: Petz who wrote (46708)7/9/2001 2:01:07 PM
From: niceguy767Read Replies (3) | Respond to of 275872
 
John:

INTC has already stated that margins in q2 declined by another 3 points which translates into about a $0.03 reduction in eps vs. q1...Unless relative AMD/INTC financial performance trends have changed enormously in the last 3 months, there is no way, given the dropoff in AMD's margins in q2, that INTC's margins will decline by only 3 points.

As I've stated before, INTC'll have to pull a rabbit from a hat to avoid posting a negative surprise in q2, imo...