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.

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

To: dhellman who wrote (59082)	10/18/2001 8:22:23 AM
From: dhellman	Read Replies (2) \| Respond to of 275872

ML :Advanced Micro Devices (Amd; $9.71; C-3-1-9) Dec01E d$0.11 Lowering 02E from $0.27 to d$0.23 o Advanced Micro Devices reported a loss of $0.28 per share on revenue of $766 million for the September 2001 quarter, largely in line with our revised estimates. o We are reducing our Q42001 and full-year 2002 EPS estimates again - Q4 goes to a loss of $0.25 from a loss of $0.16, while 2002 goes to a loss of $0.27 from a profit of $0.23. o In our view, AMD is doing as good a job of responding to Intel's P4 push as possible - we believe the Athlon XP is a good part, and manufacturing execution at AMD has been consistent. o However, we are staying on the sidelines to see how long Intel keeps the pricing pressure on. Our intermediate-term rating stands at Neutral. (J.Osha)