Advanced Micro Devices Inc (AMD): Found it. Thanks to Sax on Yahoo. ht...

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bobs10

Re: None

Thursday, 07/15/2004 2:14:24 PM

Thursday, July 15, 2004 2:14:24 PM

Found it. Thanks to Sax on Yahoo.

http://finance.messages.yahoo.com/bbs?.mm=FN&action=m&board=4687810&tid=amd&sid=4687...

Me...

The parts quoted are near the bottom of the message.

Them...

"Normal seasonality in Q3, but 64 bit positions you differently?

Historically 7-9% is our range 2nd to 3rd quarter. We have an opportunity to grow share."

"Will processor growth come in stronger than flash growth?

No, we expect both businesses having equal shots of growing 2nd to 3rd quarter.

Below seasonality?

No, we believe a good quarter.

Gross margin with better revenue moving somewhat higher?

We have opportunities for gross margin expansion in both businesses"

Me again...

It's hard to interpret exactly what that means. Given the margin expansion despite the additional marketing costs I would take it to mean that they are expecting revenues to be at the middle to high end of the historic range? Who knows with all the CYA?