After reading THG's excellent article "Analysis: AMD's technology opiate" can not help but being a little depressed - even as the hard core IFB you all know me to be! Wow not only is ATI a mess but AMD maybe sinking from a non-reversible debt hole. That is bad news for hard core intel fans.
Back in feb-mar of this year when amd stock was heading to below 13, I was sure it was the bottom and stock would go up -a lucky guess no doubt? I posted that bottom was here and now was time to buy Well, I am recanting now after reading the THG assessment of AMD's state. I am not a stock analyst nor do have a licence to do so - this is not advice to buy stock - consult an expert. This is just advice to consult your expert if you own AMD, some puts might be prudent.
Well, i must now reverse that call and the stock is highly likely to sink below 10. This could be the the point a black or white knight we be looking for a quick profit or cheap technology. We all be a lost without AMD if its blended into Sammy or big blue. The Koreans would love to add AMD to the "triad"
There are 3 things along with AMD's presentation with week, that could result in AMD as gone. First Intel stock price fell below the 23.60 level this was a key break out - intel may retest the lows - this means amd will follow. Second, sub prime mess is now a prime mess as those folks who speculated on real estate with their homes have to pay the piper. You know these folks trading up houses, living big just a year ago or so. Capital is drying up, this means the white knight will be less likely to save the helpless amd damsel.
I will state I am planning on buying Intel stock at these prices if they stay below $23.60, its going to $32 once again - then up and up! I really liked AMD stock too untill I read the results of this weeks presentation.
Ok, everyone buy an amd processor this week even if you just put it on the shelf.
PS: I got my Hellgate London invite today! Anyone who new me "HolyWarrior" on USeast DX2-HCL, GoGo!
Back in feb-mar of this year when amd stock was heading to below 13, I was sure it was the bottom and stock would go up -a lucky guess no doubt? I posted that bottom was here and now was time to buy Well, I am recanting now after reading the THG assessment of AMD's state. I am not a stock analyst nor do have a licence to do so - this is not advice to buy stock - consult an expert. This is just advice to consult your expert if you own AMD, some puts might be prudent.
Well, i must now reverse that call and the stock is highly likely to sink below 10. This could be the the point a black or white knight we be looking for a quick profit or cheap technology. We all be a lost without AMD if its blended into Sammy or big blue. The Koreans would love to add AMD to the "triad"
There are 3 things along with AMD's presentation with week, that could result in AMD as gone. First Intel stock price fell below the 23.60 level this was a key break out - intel may retest the lows - this means amd will follow. Second, sub prime mess is now a prime mess as those folks who speculated on real estate with their homes have to pay the piper. You know these folks trading up houses, living big just a year ago or so. Capital is drying up, this means the white knight will be less likely to save the helpless amd damsel.
I will state I am planning on buying Intel stock at these prices if they stay below $23.60, its going to $32 once again - then up and up! I really liked AMD stock too untill I read the results of this weeks presentation.
Ok, everyone buy an amd processor this week even if you just put it on the shelf.
PS: I got my Hellgate London invite today! Anyone who new me "HolyWarrior" on USeast DX2-HCL, GoGo!