AMD - How low can it go?

[IGBT]

..I bought Sun Micro at 3.00 a share and still holding.

 

[hiromizu]

Originally posted by: AMCRambler
I already bought 250 shares when they hit $12.15. If it goes below $10 again I think I'm gonna pick up a few more. I think this is definitely a bargain priced stock right now. They are big in the hole since they bought ATI though. I read they sold a big chunk of stock to an Indian company and their stock price borked some more on that news.

What is your reasoning behind your valuation of AMD as a "bargain priced stock?"

 

[IGBT]

Originally posted by: maddogchen
buy intel instead....

..I did. at 15.00 dollars a share about 5 years ago.

 

[ponyo]

Originally posted by: MaxDepth
Nortel stock fell below $1 in October 2002 (with over 94K employees). It is back up to $17 with 33K employees.

AMD can survive just as Motorola and Texas Instruments do now. They are chip suppliers to markets around the globe. As for being a CPU competitor or number one, that remains to be seen. But their company will not collapse because their CPUs are second best.

EDIT: AMD has $5.3 billion in long-term debt on its balance sheet, much of it acquired as a result of its 2006 acquisition of Canadian graphics chip company ATI. Because of the problems of debt in the market, holding that much long term is dragging the stock down.

Nortel did a 10:1 reverse split. That's why you see their stock as $17/shr today. So it's really $1.70/ shr now if you account for the reverse. Same thing with JDS Uniphase. They also did 10:1 reverse split. Many former highflyers from the dotcom era did reverse split after the crash. Don't be fooled in thinking the price recovered. Because it hasn't.

Corning was also under $1 in Oct 2002. They however did a true recovery to $20+/shr since then with no reverse split.

Capital market has turned DRAMATICALLY NEGATIVE since the AMD/ATI deal. How many easy corporate money deals you see nowdays?

 

[Firebot]

Don't buy just because it's 'cheap', as earlier AMD buyers have found

 

[Ricochet]

Originally posted by: hiromizu

Originally posted by: AMCRambler
I already bought 250 shares when they hit $12.15. If it goes below $10 again I think I'm gonna pick up a few more. I think this is definitely a bargain priced stock right now. They are big in the hole since they bought ATI though. I read they sold a big chunk of stock to an Indian company and their stock price borked some more on that news.

What is your reasoning behind your valuation of AMD as a "bargain priced stock?"

Well, look at Gateway........oops bad example.

 

[polarmystery]

Originally posted by: zanejohnson
Intel FTW

everyone laughed when i bought a 2.4b when everyone was crying Athlon XP....

i clocked mine to 3.6 and everyone shut up quick....

and then everyone laughed again when i bought a Presler 930d, and they were all crying Athlon X2....it clocked to 4GHz and everyone shut up quick again...

i dont even need a Core2 yet...not to say i wouldnt love one...

please...um give me whatever it is you are smoking.

Presler?

 

[Firebot]

Originally posted by: Naustica

Originally posted by: MaxDepth
Nortel stock fell below $1 in October 2002 (with over 94K employees). It is back up to $17 with 33K employees.

AMD can survive just as Motorola and Texas Instruments do now. They are chip suppliers to markets around the globe. As for being a CPU competitor or number one, that remains to be seen. But their company will not collapse because their CPUs are second best.

EDIT: AMD has $5.3 billion in long-term debt on its balance sheet, much of it acquired as a result of its 2006 acquisition of Canadian graphics chip company ATI. Because of the problems of debt in the market, holding that much long term is dragging the stock down.

Nortel did a 10:1 reverse split. That's why you see their stock as $17/shr today. So it's really $1.70/ shr now if you account for the reverse. Same thing with JDS Uniphase. They also did 10:1 reverse split. Many former highflyers from the dotcom era did reverse split after the crash. Don't be fooled in thinking the price recovered. Because it hasn't.

Corning was also under $1 in Oct 2002. They however did a true recovery to $20+/shr since then with no reverse split.

Capital market has turned DRAMATICALLY NEGATIVE since the AMD/ATI deal. How many easy corporate money deals you see nowdays?

It doesn't work that way. If the stock is reverse split, ALL of it's past history reflects it. Nortel has gone up from that dreadful Oct 2002 point. Of course, this means that the same 17$ share today was worth about 1400$ in 2000 .

 

[Cerpin Taxt]

Originally posted by: Jschmuck2

Originally posted by: zanejohnson
Intel FTW

everyone laughed when i bought a 2.4b when everyone was crying Athlon XP....

i clocked mine to 3.6 and everyone shut up quick....

and then everyone laughed again when i bought a Presler 930d, and they were all crying Athlon X2....it clocked to 4GHz and everyone shut up quick again...

i dont even need a Core2 yet...not to say i wouldnt love one...

Wait...what?

WTF Is this guy? That's ridiculous.

He's (literally) a pathological liar. Run some searches on his username for past threads.

 

[Renob]

He's (literally) a pathological liar. Run some searches on his username for past threads.

Ouch, but true.

Oh and his lie is about only getting 4GHz, I got 9.7 on mine

 

[OS]

AMD.PK
?

 

[ponyo]

Originally posted by: Firebot

Originally posted by: Naustica

Originally posted by: MaxDepth
Nortel stock fell below $1 in October 2002 (with over 94K employees). It is back up to $17 with 33K employees.

AMD can survive just as Motorola and Texas Instruments do now. They are chip suppliers to markets around the globe. As for being a CPU competitor or number one, that remains to be seen. But their company will not collapse because their CPUs are second best.

EDIT: AMD has $5.3 billion in long-term debt on its balance sheet, much of it acquired as a result of its 2006 acquisition of Canadian graphics chip company ATI. Because of the problems of debt in the market, holding that much long term is dragging the stock down.

Nortel did a 10:1 reverse split. That's why you see their stock as $17/shr today. So it's really $1.70/ shr now if you account for the reverse. Same thing with JDS Uniphase. They also did 10:1 reverse split. Many former highflyers from the dotcom era did reverse split after the crash. Don't be fooled in thinking the price recovered. Because it hasn't.

Corning was also under $1 in Oct 2002. They however did a true recovery to $20+/shr since then with no reverse split.

Capital market has turned DRAMATICALLY NEGATIVE since the AMD/ATI deal. How many easy corporate money deals you see nowdays?

It doesn't work that way. If the stock is reverse split, ALL of it's past history reflects it. Nortel has gone up from that dreadful Oct 2002 point. Of course, this means that the same 17$ share today was worth about 1400$ in 2000 .

It has gone up but not 17X OP is claiming. Since Nortel did the 10:1 reverse split, you have to use adjusted price. Adjusted, Nortel was $10 share in Oct 2002, not $1.

 

[Alistar7]

Originally posted by: Cerpin Taxt

Originally posted by: Jschmuck2

Originally posted by: zanejohnson
Intel FTW

everyone laughed when i bought a 2.4b when everyone was crying Athlon XP....

i clocked mine to 3.6 and everyone shut up quick....

and then everyone laughed again when i bought a Presler 930d, and they were all crying Athlon X2....it clocked to 4GHz and everyone shut up quick again...

i dont even need a Core2 yet...not to say i wouldnt love one...

Wait...what?

WTF Is this guy? That's ridiculous.

He's (literally) a pathological liar. Run some searches on his username for past threads.

Quite rare, more likely the consumate bullshitter....

 

[HopJokey]

Originally posted by: Naustica

Originally posted by: Firebot

Originally posted by: Naustica

Originally posted by: MaxDepth
Nortel stock fell below $1 in October 2002 (with over 94K employees). It is back up to $17 with 33K employees.

AMD can survive just as Motorola and Texas Instruments do now. They are chip suppliers to markets around the globe. As for being a CPU competitor or number one, that remains to be seen. But their company will not collapse because their CPUs are second best.

EDIT: AMD has $5.3 billion in long-term debt on its balance sheet, much of it acquired as a result of its 2006 acquisition of Canadian graphics chip company ATI. Because of the problems of debt in the market, holding that much long term is dragging the stock down.

Nortel did a 10:1 reverse split. That's why you see their stock as $17/shr today. So it's really $1.70/ shr now if you account for the reverse. Same thing with JDS Uniphase. They also did 10:1 reverse split. Many former highflyers from the dotcom era did reverse split after the crash. Don't be fooled in thinking the price recovered. Because it hasn't.

Corning was also under $1 in Oct 2002. They however did a true recovery to $20+/shr since then with no reverse split.

Capital market has turned DRAMATICALLY NEGATIVE since the AMD/ATI deal. How many easy corporate money deals you see nowdays?

It doesn't work that way. If the stock is reverse split, ALL of it's past history reflects it. Nortel has gone up from that dreadful Oct 2002 point. Of course, this means that the same 17$ share today was worth about 1400$ in 2000 .

It has gone up but not 17X OP is claiming. Since Nortel did the 10:1 reverse split, you have to use adjusted price. Adjusted, Nortel was $10 share in Oct 2002, not $1.

Split adjusted, NT was about ~$5 in Sep 2002.

It's all time high was about ~$820 (split adjusted) in 2000.

 

[Aluvus]

Originally posted by: AMCRambler
I already bought 250 shares when they hit $12.15. If it goes below $10 again I think I'm gonna pick up a few more. I think this is definitely a bargain priced stock right now. They are big in the hole since they bought ATI though. I read they sold a big chunk of stock to an Indian company and their stock price borked some more on that news.

It was a government-owned investment company from Abu Dhabi, United Arab Emirates.

 

[JS80]

WFC writing off more, MRVL earnings pooper, FRE cuts divvy = market down tomorrow

 

[JS80]

Originally posted by: AMCRambler
I already bought 250 shares when they hit $12.15. If it goes below $10 again I think I'm gonna pick up a few more. I think this is definitely a bargain priced stock right now. They are big in the hole since they bought ATI though. I read they sold a big chunk of stock to an Indian company and their stock price borked some more on that news.

Are you even reading the financials? They are projecting losses for the next 2 years..that is why the stock is so cheap.

 

[Special K]

Originally posted by: JS80

Originally posted by: AMCRambler
I already bought 250 shares when they hit $12.15. If it goes below $10 again I think I'm gonna pick up a few more. I think this is definitely a bargain priced stock right now. They are big in the hole since they bought ATI though. I read they sold a big chunk of stock to an Indian company and their stock price borked some more on that news.

Are you even reading the financials? They are projecting losses for the next 2 years..that is why the stock is so cheap.

I am not very familiar with the process of hiring/firing CEOs, so I will ask a question:

For how many more quarters would AMD have to sustain a loss before Hector would likely be voted out? And how exactly is a CEO "voted out"? Do the shareholders just hold a vote? Who would initiate the vote? The board of directors?

 

[her209]

Short the stock?

 

[Wreckem]

Originally posted by: JS80

Originally posted by: AMCRambler
I already bought 250 shares when they hit $12.15. If it goes below $10 again I think I'm gonna pick up a few more. I think this is definitely a bargain priced stock right now. They are big in the hole since they bought ATI though. I read they sold a big chunk of stock to an Indian company and their stock price borked some more on that news.

Are you even reading the financials? They are projecting losses for the next 2 years..that is why the stock is so cheap.

AMD has posted a profit of all what 5-6 quarters in the past decade?

And that was because Intel dropped the ball...

As a company AMD should have never bought ATI, and they should have withdrawn from the CPU market. They should stick to what makes them money, not losses it.

 

[secretanchitman]

we need amd...how else can we afford these damn nice c2ds then?

 

[intogamer]

Originally posted by: Wreckem

Originally posted by: JS80

Originally posted by: AMCRambler
I already bought 250 shares when they hit $12.15. If it goes below $10 again I think I'm gonna pick up a few more. I think this is definitely a bargain priced stock right now. They are big in the hole since they bought ATI though. I read they sold a big chunk of stock to an Indian company and their stock price borked some more on that news.

Are you even reading the financials? They are projecting losses for the next 2 years..that is why the stock is so cheap.

AMD has posted a profit of all what 5-6 quarters in the past decade?

And that was because Intel dropped the ball...

As a company AMD should have never bought ATI, and they should have withdrawn from the CPU market. They should stick to what makes them money, not losses it.

earning and profits are two different terms right? I don't think you can post profit if you in debt?

If i'm wrong... sorry I'ma noob

 

[theprodigalrebel]

Originally posted by: zanejohnson
Intel FTW

everyone laughed when i bought a 2.4b when everyone was crying Athlon XP....

i clocked mine to 3.6 and everyone shut up quick....

and then everyone laughed again when i bought a Presler 930d, and they were all crying Athlon X2....it clocked to 4GHz and everyone shut up quick again...

i dont even need a Core2 yet...not to say i wouldnt love one...

lolwut?

 

[flxnimprtmscl]

Originally posted by: jpeyton

Originally posted by: zanejohnson
Intel FTW

everyone laughed when i bought a 2.4b when everyone was crying Athlon XP....

i clocked mine to 3.6 and everyone shut up quick....

and then everyone laughed again when i bought a Presler 930d, and they were all crying Athlon X2....it clocked to 4GHz and everyone shut up quick again...

i dont even need a Core2 yet...not to say i wouldnt love one...

Don't worry, people are still laughing at your Presler.

+1

 

[JS80]

Originally posted by: Wreckem

Originally posted by: JS80

Originally posted by: AMCRambler
I already bought 250 shares when they hit $12.15. If it goes below $10 again I think I'm gonna pick up a few more. I think this is definitely a bargain priced stock right now. They are big in the hole since they bought ATI though. I read they sold a big chunk of stock to an Indian company and their stock price borked some more on that news.

Are you even reading the financials? They are projecting losses for the next 2 years..that is why the stock is so cheap.

AMD has posted a profit of all what 5-6 quarters in the past decade?

And that was because Intel dropped the ball...

As a company AMD should have never bought ATI, and they should have withdrawn from the CPU market. They should stick to what makes them money, not losses it.

Who cares about past? Current earnings eroded retained earnings and balance sheet.

Anyway, future earnings determine stock price. Market is saying they will suck for a while.