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


To: StockMan who wrote (29484)3/4/1998 4:16:00 PM
From: uu  Read Replies (1) | Respond to of 1572453
 
From briefing:
Advanced Micro Devices (AMD) 22 13/16: Chip maker warns that Q1 loss will widen "significantly" from the Q4 level and that there will be a significant sequential decline in revenues. Wall Street was expecting a loss of $0.19 a share compared to reported Q4 loss of $0.09 a share...

Ok, if above statement made by the company is not as straight forward as it can be to state the following the I do not know how else they can say it. They are basically leting everyone know that:

Dont expect much, and in fact anything at all! So if you want to, go ahead and sell your shares and buy Intel or whatever else you want! But definitely do not, we repeat, do not expect much from us to make you any money anytime soon!

So how come people are not taking them serious?! Come on, I want to buy more, actually a lot more. So I wished people would take the management seriously and sell their shares for this thing to come back under $20 so I can add to my shares.

Regards,

Addi Jamshidi