belgiangenius
Actually thatwasthe trend until Q103, when AMD lost .42 and the estimate was for a loss .49. AMD beat consensus 7 cents. Another thing to note is when AMD warns, they do so by the end of the first week of the new quarter. July 4 falls on a friday so the latest AMD would wait to warn would be monday July 7. I don't think AMD is going to warn. The signs I see are that motherboard business was up in May which is a good sign. I am figuring AMD makes 480 million on microprocessors in Q2, along with 240 million in Flash, and 30 million in other products for a grand total of 750 million. This will put AMD at least a dime ahead of current expectations of aloss of .24, assuming break-even is 800 million or less. In less than 4 weeks we will know because AMD won't warn after July 7. My strategy is to buy in on July 8 if all goes as expected.
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