I'm not selling today. Remember, AMD flash sales were very good in Q1 last year. I see no point to expect Q1 flash to be bad comparing with Q4. Maybe 2-3% down, that's it.
Moreover, at least 500K of A64's with asp of at least $200 are coming this quarter. And Athlon XP sales must slide down no more than 10%. Add Opteron.
I see Q1 flat to 2-3% down comparing to Q4.
Next, I really expect AMD to put all bad stuff into Q4, keep it just slightly profitable, at 0.08-0.10 level, with decreased expenses in Q1. Must make it profitable as well.
There is a very good chance that they will have all 4 quarters of this year in green. No money shower, but nice firm profit.