Volgens een berekening van ene John Petzinger op het Silicon Investor message board compenseert AMD met de winst van het tweede kwartaal van dit jaar waarschijnlijk het verlies van 914 miljoen dollar die in de afgelopen 4 jaar werd gemaakt. In het vierde kwartaal van '99 en het eerste kwartaal van dit jaar werd samen met de verkoop van de Vantis divisie een winst geboekt van circa $813 miljoen:
Why AMD investors have to be patient: The fact is, this company has performed dismally for the entire period of 1996 to 1999.1996 - Operating loss of $253M
1997 - Operating loss of $91M, semiconductor recession hits
1998 - Operating loss of $164M
1999 - Operating loss of $386M through Q3, recession ends ~ Q2TOTAL ACCUMULATED LOSS: $914M
Based on average shares thru the period thats about $6 per share.To counterbalance the losses, there are the following gains:
Sale of Vantis division: $259M
Profit in Q4'99: $65M
Profit in Q1'00: $189M
Anticipated gain sale of Comm Div $300M (? $375M cash for 90%)
TOTAL ACCUMULATED PROFIT UP TO Q2:$813MSo, for Joe Analyst, he feels like he's been going downhill for four years. He has, but the profit accumulation is so rapid, that with Q2's profit, all the remaining losses of the last four years will be erased! I predict that when earnings of > 1 billion dollars come into view, Joe Analyst will soon forget about the years of misery. We're getting close, Q2 may start the reassessment. (if you reply to this, don't forget to UNCHECK fixed font)
Petz
:strip_exif()/u/3333/pumpkin_avatar.gif?f=community){kind=avatar}
:strip_exif()/u/5628/simpsons.gif?f=community){kind=small}