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

To: Paul Engel who wrote (33184)	6/8/1998 4:51:00 PM
From: Jack T. Pearson	Read Replies (1) \| Respond to of 1572229

Paul, I note that Lehman Brothers projects a profit for AMD in 1999. I don't think I would risk my reputation or that of my company like that. I wonder what it will cost AMD to service their debt in 1999? Jack

To: Paul Engel who wrote (33184)	6/8/1998 8:03:00 PM
From: Xpiderman	Read Replies (1) \| Respond to of 1572229

Advanced Micro Devices Inc. (AMD) 18 1/16 -1/4: Lehman Brothers lowers estimates on chip maker due to pricing pressures in the chip sector; widens Q2 loss from $0.28 to $0.38 a share; widens FY98 loss from $0.50 to $0.85 a share and lowers 1999 EPS estimate from net $1.45 to $1.15 a share; continues to rate issue "Hold". AMD 93 94 95 96 97 98 Mar $0.60 $0.81 $0.91 $0.07 $0.09 -$0.39a Jun $0.63 $0.89 $0.86 -$0.33 $0.07 -$0.38e Sep $0.60 $0.83 $0.52 -$0.25 -$0.22 -$0.08e Dec $0.41 $0.73 $0.52 -$0.15 -$0.09 $0.00e Year $2.24 $3.26 $2.81 -$0.66 -$0.15 -$0.85e Yr./Yr. n/a 45.5% -13.8% -123.5% -77.3% -146.6%e AMD had 6 negative earning reports in last 8 quarters, and will have a whopping 6 (possible 7) straight loosing quarters by the end of this year. AMD's FY98 will be the worst year ever: it will report record loss of -$0.85/share. What a good investment! Cheers, XyZ