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: Maxwell who wrote (38132)	10/4/1998 11:36:00 PM
From: StockMan	Read Replies (1) \| Respond to of 1570366

Maxy, Re -- AMD posted a profit of EPS=$0.11 WRONG. AMD posted a profit of $0.07. This was mainly due to other non computing segements being profitable. The K6 line has NEVER been profitable (according to Jerry)

To: Maxwell who wrote (38132)	10/4/1998 11:52:00 PM
From: Paul Engel	Respond to of 1570366

Maxwell - Re: "Q2-1997 AMD posted a profit of EPS=$0.11. " Wrong again, MAXWELL ! Don't you read your company literature? AMD earned 7 pennies per share in Q2 1997. Paul {=====================================} Analysts had expected more based on the K6's introduction Company's earnings report April 2: The K6 is unveiled Published: July 9, 1997 BY TOM QUINLAN Mercury News Staff Writer The ballyhooed April introduction of the K6 Pentium clone has failed to boost the fortunes of Advanced Micro Devices Inc., as the company's second-quarter earnings came in far less than expected. AMD called the quarter very successful, based primarily on its ability to ship 350,000 of the K6 chips, which are widely regarded as the most potent challenge in years to Intel Corp.'s overwhelming dominance in semiconductors. But the company acknowledged Tuesday that most other aspects of its business were hurting. Demand for AMD's older generation K5 processor line dropped precipitously, profits on Flash memory chips were cut by a price war, and sales of the company's programmable devices lagged. Flash memory is used to store information in a number of consumer devices including cellular phones. AMD spokesman Scott Allen said the company was also the victim of inflated expectations. Financial analysts had believed the K6 would carry the company to increased profitability -- and their earnings estimates for the second quarter ranged from 12 cents to more than 30 cents per share. Instead, the chip company reported earnings Tuesday of $9.9 million, or seven cents per share.