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


To: StockMan who wrote (29450)3/4/1998 2:34:00 PM
From: Maverick  Read Replies (2) | Respond to of 1572208
 
"Wont issuance of new shares lessen the per share loss for the Q. Thus AMD could very well BEAT estimates of -0.16c this Q."
The issuance of new shares may not occur immediately. Besides the latest First Call estimate of -$0.19 is based on the existing outstanding shares. Even if the extra 40 MM shares were issued right now, it wouldn't change the St estimate which also consider sequential rev growth, yr-to-yr rev. growth, and net income or loss. I hope you bought AMD at a not-to-high price.



To: StockMan who wrote (29450)3/4/1998 2:40:00 PM
From: Maverick  Read Replies (1) | Respond to of 1572208
 
AMD disclosed in a SEC filing it expected revenue to fall and its loss to widen in 1Q98
Advanced Micro Devices Inc. (AMD) fell as much
as 1 3/8 to 21 3/8 after the chipmaker
disclosed in a regulatory filing that it
expects revenue to fall and its loss to widen
in the first quarter, compared with the fourth
quarter of 1997 when it lost 9 cents a diluted
share. Analysts are expecting AMD to lose 17
cents, the average estimate from IBES.
From bloomberg.com