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: heatsinker2 who wrote (82705)	6/17/2002 2:16:24 PM
From: dhellman	Read Replies (1) \| Respond to of 275872

Jerry said the breakeven was 880 to 900 m rev and it was too early to tell if they would make it. AMD ought to warn if the current estimates by covering brokers are too high or too low. Are they? Current Qtr (Jun02) estimates (YAHOO Finance) Avg -(.09) Low -(.16) high -(.02) Of course, once upon a time, AMD was emphatic about turning profitable by Q2. d

To: heatsinker2 who wrote (82705)	6/17/2002 2:19:04 PM
From: Joe NYC	Respond to of 275872

hs2, Then Jerry fudged on this at the end of Q1 and said it was too early to tell. But has Jerry formally retracted the Q2 positive earnings projection? I think he did during the Q1 CC. He gave analsyts a range of revenue, with a target expenses, so the target covers a range from a small profit to a small loss, which was a change from earlier estimate of Q2 profit. So a warning should come if the revenues come in very low $800M or below $800M. Joe

To: heatsinker2 who wrote (82705)	6/17/2002 2:40:45 PM
From: andreas_wonisch	Respond to of 275872

Heatsinker, Re: So what is the current guidance? amd.com Depending on unpredictable PC processor pricing patterns in a generally weak PC market and the rate of growth in the flash memory market, AMD aggregate sales are expected to be in the range of $820 to $900 million in the second quarter. I expect ASPs to be down approx. $10 so that's already a 80 million revenue loss compared to Q1 if we assume unit shipments are flat. Since flat shipments are an unrealistic assumption the real revenue loss will probably higher. But because flash revenue is expected to grow substantially this quarter (probably in the 20-30% range) it might offsets some of these losses. Overall I expect revenue to come in at around $800-820 million. Of course it is possible that revenue will come in slightly above $820 million so AMD feels no need to warn. But with analyst expectations for revenue of about $840 million that would be an usual move. Andreas