Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Paul Engel who wrote (31513)	4/8/1998 5:11:00 PM
From: Maverick	Read Replies (1) \| Respond to of 1571782

S&P Cuts 1998 Earnings Estimate for Advanced Micro to Loss personalwealth.com S&P equity analyst Megan Graham-Hackett lowered her 1998 earnings per share estimate for Advanced Micro Devices (NYSE: AMD - news) to a loss after the company reported a wider than expected first quarter loss. After Tuesday's market close, AMD posted a per share loss of $0.39 for the quarter, well below year-earlier earnings per share of $0.09 and worse than the $0.29 loss Wall Street had expected. Graham-Hackett maintains her hold ranking on the stock, which she thinks is fairly valued given the upside potential and risks