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Advanced Micro Devices, Inc. |
Guys, I don't really get into this whole discussion business. However
I will tell you where I stand. I had AMD at about 21.00 and I sold it
around 14.00 I recognized the drowning ship. HOWEVER, that doesn't
mean AMD is gone. There are several reasons. The acquisition of ATI is
still killing their profits. Also, if you have noticed, the amd
numbers are SLOWLY, slowly changing for the better.
In addition, to say AMD is headed for bankruptcy is absurd. The market
will not allow for just one major chip maker, INTEL. That involves too
much with anti-trust suits, monopolies, etc. Intel already has that
reputation and I doubt they want to get involved more with it. AMD is
not down and out. Also from a computer users perspective. AMD chips
are great. They are affordable and truly fast. You can't go wrong with
an AMD chip and will rarely have performance problems.
At this rate, it is good to watch it drop, settle, and then throw a
good amount in for some gains. I would say by second quater next year,
the numbers will be very different. If it goes down to 5.00 a share, I
would head right back into it. However, until they change their
guidance, just hang out for now and wait to jump on it.