To: mph who wrote (55960) | 10/11/2000 6:44:45 PM | From: Jorj X Mckie | | | ****NAZWAG 10/11/00 - 3168.49**** Brought to you by Preparation H and JNJ's KY Jelly
MPH wins again!!! Unfortunately, I can only afford this cubic zirconia store5.yimg.com 3040 Wx (this is just premature capitulation) 3180 AW 3250 Phoenix (that's more a prayer than a guess) 3169 mph (BWDIK---I think OG may be closer) 3189 MrLucky (he was more scientific in his wag than me-mph) 3080 arno (hope we don't go to the 200 week MA of 2409) 3069 Peach 3299 JXM 3215 Rich1 |
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To: The Phoenix who wrote (56087) | 10/11/2000 7:02:50 PM | From: Original Mad Dog | | | I think LU should be careful this time about waiting too long to warn....
I expect their Fourth Quarter warning to be issued in the next two or three days. By now they should be able to tell that things aren't looking good for the quarter, don't you think?
I think the next four or five days are a great buying opp. ..... Two of many on my list are SCMR (looking for low 60's) and SFA (pretty much where it is now or in 30's).
Will somebody please talk some sense into me before it is too late????
TIA. |
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To: Jorj X Mckie who wrote (56086) | 10/11/2000 7:13:22 PM | From: The Phoenix | | | Time for the warnings to end and sanity to set in...
AMD announces and beats by 2 cents. AMD up 10% from today's close. INTC up a buck too. More positive reports and the worm turns.
dailynews.yahoo.com
Advanced Micro Profits Top Forecasts
By Duncan Martell
SAN FRANCISCO (Reuters) - Advanced Micro Devices Inc. (NYSE:AMD - news), Intel Corp.'s main rival in the microprocessor market, reported third-quarter results that topped expectations on strong sales of its Athlon, Duron and memory chips.
The Sunnyvale, Calif.-based company said that for the period ended Oct. 1, it had net income before gains of $219.3 million, or 64 cents a share, compared with an operating loss of $99 million or 36 cents a year ago. Sales nearly doubled to $1.21 billion from $662.2 million.
AMD has been on a roll since it introduced its Athlon processor, the first time it has ever had a chip that boasts superior performance in some cases to Intel. Because of demand for Athlon, AMD said it expects to sell out of Athlons in the fourth quarter and to sell 28 million PC processors in 2000, compared with earlier guidance of 25 million.
Unlike Intel (NasdaqNM:INTC - news), which last month said third-quarter revenue would be 3 percent to 5 percent higher than those in the second quarter, roughly half the 9 percent to 12 percent analysts had been expecting, AMD continues to barrel ahead.
``In a tougher market than anticipated, AMD achieved record PC processor revenues on record unit sales, which were up more than 50 percent year-on-year and 10 percent sequentially,'' said AMD Chairman and CEO W.J. ``Jerry'' Sanders in a statement.
In the fourth quarter, AMD expects to sell 8 million to 9 million of its Athlon chips and its Duron chips, which are aimed at the low-cost PC market and compete with Intel's Celeron chips. It also forecasts annual 2000 sales of $4.8 billion compared with $2.9 billion in 1999.
The results topped average analyst expectations of 62 cents a share, according to First Call/Thomson Financial.
Including gains from the sale of investments and a charge, AMD had net income of $408.6 million, or $1.18 a share.
Sanders also said that AMD plans to introduce Athlon chips that run at 1.2 gigahertz, faster than what Intel now has on the market, and that its low-cost Duron chip will reach speeds of 800 megahertz. He added that the company's projected market share for this is ``approaching 20 percent.''
AMD sold 3.6 million Athlon and Duron chips in the third quarter and sales of Duron topped 1.5 million.
``There's very high demand for our high-performance Athlons,'' Sanders said.
Sales of flash memory chips, which keep their data when the power supply is turned off, more than doubled from a year ago, AMD said. And it expects fourth-quarter sales of flash chips -- which are widely used in mobile phones -- to be limited only by AMD's inability to increase production, and executives said on a conference call it would be ``hard-pressed'' to meet demand.
AMD sold nearly 6.9 million flash chips in the quarter and ''we gained market share,'' Sanders said on the call. ``Duron demand was also strong everywhere.''
Shares of AMD fell 1/2 to close at $21-3/4 on the New York Stock Exchange (news - web sites), well off their year high of $48-1/2, although up from a year low of $8-3/16. The earnings report came after the close. |
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To: The Phoenix who wrote (56087) | 10/11/2000 7:17:06 PM | From: Lost1 | | | I now refer to TOLLGRADE COMM (TLGD) as ToeTag..please make a note of this<g>
It will need to be bot in the near future...DOH!! |
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To: The Phoenix who wrote (56089) | 10/11/2000 7:30:50 PM | From: The Phoenix | | | More Earnings - RBAK Beats and Makes MONEY!
dailynews.yahoo.com
Wednesday October 11 5:06 PM ET Redback Networks Posts Unexpected Third Quarter Profit
SUNNYVALE, Calif. (Reuters) - Computer networking systems company Redback Networks Inc (NasdaqNM:RBAK - news) on Tuesday posted a third quarter profit that surpassed Wall Street expectations of a loss.
Redback posted pro forma net income of $3.2 million, or 2 cents a share, compared with a loss of $569,000, or 1 cent, in the year-ago quarter. The results compared with a consensus analyst estimate for a loss of 2 cents per share, according to First Call/Thomson Financial.
Including acquisition-related and stock compensation charges, Redback said the company had a third quarter net loss of $308.1 million, or $2.50 a share, expanding from a net loss of $1.6 million, or 2 cents a share, for the same period the prior year.
Net revenues for the third quarter 2000 were $80.6 million, up 291 percent from $20.6 million in 1999. |
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To: The Phoenix who wrote (56092) | 10/11/2000 7:45:30 PM | From: Oral Roberts | | | I am truly happy that I spent the day with my bride hauling wood to the homesite. 5 full cord or 9 tons of it to be exact. Looked ugly again today but I can feel more then a pulled muscle, I think we are there or very close.
Sooner or later people will figure out that things aren't that bad. Will we all let P/E ratio's get as high as they were again is a whole different question. I think we are ready.
Jeff |
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To: The Phoenix who wrote (56089) | 10/11/2000 8:05:44 PM | From: Doppler | | | It will be interesting to see what happens with AMD tomorrow. 64 cents was .02 ahead of consensus but 2 cents under the whisper #. It only traded up a buck and a half in AH. I wonder if it can hold that tomorrow. |
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To: The Phoenix who wrote (55957) | 10/11/2000 8:26:24 PM | From: Ms. X | | | I would be disappointed if you didn't. We'll get the battle on film and sell the rights to HBO - maybe the WWW will be interested.
Control Z unduz yer last thing ya did on the puter. |
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