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

To: wallstreetbull who wrote (30790)	4/1/1998 10:06:00 PM
From: StockMan	Respond to of 1573096

Finally, analysts aside, the company is still a long way from profitability. According to First Call consensus estimates, the company will report a four-cent loss for its 1998 fiscal year ending in December, significantly down from last year's $1.15. Worse still, analysts have revised their EPS downward from a loss of 16 cents six weeks ago to 25 cents. Even more telling is AMD's current rate of production, which analysts like Niles are counting on. In its December quarter, the company turned out approximately 1.5 million units. Kelly Henry, a semi watcher with International Data [NOT A STOCK ANALYST, SO HAS NO MONEY MOTIVE], a Framingham, Mass.-based technology research firm, says that according to preliminary figures, company's unit shipments for this quarter are "just about flat with its fourth quarter numbers." That means for the company to achieve Niles' goal of 13 to 15 million total units shipped this year, the chip maker would have to turn out 3 million chips in Q2, 4 million chips in Q3, and 5 million chips in Q4. "And they are still having a hard time getting stuff out," says Henry. "Even though AMD is putting a lot of energy and financing to get their yields back up, I don't see them hitting anywhere close to 15 million units this fiscal year." fnews.yahoo.com