und 4 Downgrades ,die es aber in sich haben ,weil sie deutlich schlechter aussehen als die bei 1,24 Milliarden stagnierende Prognose.Einerseits wird Intel inzwischen als stärker gewertet,andererseits wird die Gewinnerwartung bei Bear Stearns für 2005 von 60cents auf 33 cents reduziert.Trotzdem muss man sich fragen,ob das nicht übertrieben ist.Denn die Prozessoren sind wirklich gut.Und die Stochastik ist bei NULL!
PiperJaffray analyst Richard Shannon cut his rating on AMD to "underperform," reducing its price target to $15. He said Intel is likely to put more pressure on AMD in the months ahead.
"Flash accounts for around 50 percent of sales for AMD and around 10 percent at Intel," Shannon said in a research note.
Analysts at Lehman Bros., UBS and JMP Securities also cut their ratings on AMD's stock.
At Bear Stearns, analyst Gurinder Kalra didn't follow suit, but did say the company was suffering too much at the hands of Intel. "We give AMD credit for how far it has come on the processor front, but finally, as we expected, Intel has started to inflict 'real' pain," Kalra said in a research note.
Kalra lowered his fourth-quarter earnings per share estimate for the company to 8 cents from 14 cents, and trimmed his 2005 earnings estimate to 33 cents a share from 60 cents a share.
bigcharts.marketwatch.com/charts/...ngs=1&rand=6027&mocktick=1
PiperJaffray analyst Richard Shannon cut his rating on AMD to "underperform," reducing its price target to $15. He said Intel is likely to put more pressure on AMD in the months ahead.
"Flash accounts for around 50 percent of sales for AMD and around 10 percent at Intel," Shannon said in a research note.
Analysts at Lehman Bros., UBS and JMP Securities also cut their ratings on AMD's stock.
At Bear Stearns, analyst Gurinder Kalra didn't follow suit, but did say the company was suffering too much at the hands of Intel. "We give AMD credit for how far it has come on the processor front, but finally, as we expected, Intel has started to inflict 'real' pain," Kalra said in a research note.
Kalra lowered his fourth-quarter earnings per share estimate for the company to 8 cents from 14 cents, and trimmed his 2005 earnings estimate to 33 cents a share from 60 cents a share.
bigcharts.marketwatch.com/charts/...ngs=1&rand=6027&mocktick=1