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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: StockMan who wrote (25629)	11/7/1997 12:48:00 PM
From: ScottT	Respond to of 1579738

Stockman, So why is AMD up?! I just bought some puts. Scottt

To: StockMan who wrote (25629)	11/7/1997 1:26:00 PM
From: Petz	Read Replies (2) \| Respond to of 1579738

S, re:<Jerry himself said that Q4 would result in a loss. This Bozo, is predicting a breakeven Q4 for AMD now!> Jerry did not predict an AMD loss, he said, "that it might not turn a profit for the period." For the past 3 q's AMD already has a .15c/shr loss. Actually, loss so far is (0.06), so MS is predicting a loss of 9 cents. Why is the stock up? The Zacks estimate for 4q, *before this so-called bombshell, was* a profit of 0.05. Thats not much different than saying that "it might not turn a profit for the period." Also, the guidance given on revenue needed to attain a breakeven quarter shows that this level of revenue is still attainable, probably not if 1,500,001 K6's are shipped, but certainly if 1.7M are. Petz