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Advanced Micro Devices, Inc. |
Nah Nanot, there are others who could potentially benefit in the long
run from acquiring AMD(and with it ATI). NVDA being an obvious
example, MSFT or GOOG may have some tiny interest in that prospect, as
well as the usual capital management Cerberus type groups. Hey if they
took on the crap that was Chrysler... anything is possible.
Ofcourse, I do agree with you that $10 is beyond what the company is
currently worth. $6, your belief, seems reasonable to me as well, and
I think anywhere in the $4.5-$6 range might even attract potential
buyers, even considering the huge amount of debt.
273, considering how the graphics card market has shifted way into
Nvidia's favor, it is reasonable to assume that ATI is worth less now
than it was worth before becoming part of AMD.
Anyways, until AMD drops to $6, I won't even consider buying any
stock. I probably still wouldnt buy it then but that depends on other
factors.