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


To: Kenith Lee who wrote (29509)3/4/1998 6:31:00 PM
From: AK2004  Read Replies (2) | Respond to of 1572373
 
Kenith, All - news from Scovel
I bet he did.

I just made notes from bloomberg interview with D. Scovel:
1) revenues are down by 10%
2) expenses are up by 3%
3) margins are down by 6%
4)expected earnings will be reduced from .92/share to .66 share
5) intel problems are from fighting enemy that did not exist yet (he probably reads amd threads)
6) popularity of $1000 pcs
7) intel is in no danger of going out of business I loved that reassurance :-))
8) fair value between 70-80 but could go lower
9) at this point he is not downgrading it to "sell" yet but could after revision of data

Regards
-Albert