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 : Intel Corporation (INTC) -- Ignore unavailable to you. Want to Upgrade?

To: wanna_bmw who wrote (148341)	11/15/2001 7:52:43 PM
From: Petz	Read Replies (1) \| Respond to of 186894

wanna, <18 out of 18 analysts who cover AMD predicting a loss over the entire next year> Well, two years ago, 11/15/99, AMD had just had a bullish meeting predicting that a profit was "possible" in Q4'99. Even after that the average of 8 analysts covering AMD for FY00 was only $0.50. [split adjusted] Meanwhile, Intel was making noises about the "imminent" Coppermine CPU and i820 Rambus chipset, and all the analysts had earnings clustered between $1.25 and $1.35 per share. The rest is history. AMD posted earnings of $3.18 in FY2000, but about a third of that was from the sale of Legerity. Still, that is 536% better than the average estimate. Intel, OTOH, posted earnings of $1.51, apparently above estimates, but 1/3 of that was non-recurring capital gains which, prior to FY'2000 no one had ever counted as being within their estimates. So Intel missed expectations slightly. Data is from emails Albert Kovalyov sent me bewteen 11/1/99 and 11/15/99. EDIT - Estimates and %'s have been adjusted to account for the 2:1 splits in the summer of 2000. Petz