AMD stock dropping like a rock!!!

[imported_Husky55]

I know this is down day for the market. But the market is arguably very efficient. AMD stock is down (2.67% as I typed) and Intel is up (.56%). Technology stocks as whole has another down day but Intel strategy of lifting the NDA is working even if we cannot buy anything yet.

 

[AnandThenMan]

AMD stock has dropped by the same or more in one day several time over the last 2 months. What is more surprising to me is how little Intel's stock has gone up.

 

[aka1nas]

Originally posted by: AnandThenMan
AMD stock has dropped by the same or more in one day several time over the last 2 months. What is more surprising to me is how little Intel's stock has gone up.

Why would it?

1) They are taking a beating on all the netburst chips they are discounting to clear them out of inventory

2) Core 2 Duo isn't actually available to purchase yet

3) Intel expects that only 20% of it's desktop sales for this year will be Core 2 Duos. This means that Netburst will still make up the bulk of sales for this year at least.

Winning benchmarks doesn't usually influence stock prices, making quarterly profits etc does.

 

[imported_Husky55]

The Conroe revenue will not materially impact Intel revenue stream by a lot this year. Conroe will account for only 25% of Intel processors this year so supply will be limited.

The question is will we be able to buy an E6600 without price gouging?

 

[Bateluer]

Originally posted by: Husky55

The question is will we be able to buy an E6600 without price gauging?

1Q 07.

 

[phantom404]

http://money.cnn.com/2006/07/13/technology/intel_cuts.reut/index.htm?cnn=yes

Intel to cut 1k managers

 

[Duvie]

Originally posted by: phantom404
http://money.cnn.com/2006/07/13/technology/intel_cuts.reut/index.htm?cnn=yes

Intel to cut 1k managers

]

Exactly this was starting to show in afterhours after the announcement....I dont think this has anything to do with Core 2 Duo...YET!!!

Market cares a lot more about price wars then whther company has the current leader in desktop applications....

 

[uOpt]

In the stock market, nobody gives a hovering donkey about Core2 being faster than AMD64 .

The stock for both went down lately because there is a price war coming, which eats up earnings, that's what they care about.

Today Intel is not dropping because there's non-leaked proof that Intel is competitive again performance and power wise.

 

[imported_Husky55]

Just trying to figure a way to pay for my Conroe!!!

 

[BladeVenom]

Intel is the one that's going to be hurting. Who would buy P4s now? Intel is going to have to just about give them away.

 

[jdogg707]

The whole market sucks right now, there is very little any company could say or do that would help it's stock go up...other than a miracle plan to pay all of it's workers with grass seed and whole grain bread

 

[Lonyo]

Originally posted by: BladeVenom
Intel is the one that's going to be hurting. Who would buy P4s now? Intel is going to have to just about give them away.

$93 for an 805D?
If that's not giving them away, I don't know what is!

 

[JonB]

$93 for an 805D just shows the insane profit margin on established chip designs.

I bought AMD stock back when they first filed unfair practice suits against Intel. I sold it after it went up 18%. What did I buy? Intel stock. So far, it hasn't done much, but I'll hold it for awhile until the Netburst chips are gone and they've written off the "loss."

Somewhere, I'm guessing mid-2007, I'll probably swap it back the other way. Gotta pay for my retirement somehow.

 

[RallyMaster]

AMD's been going down since March. We might see sub-10 dollar AMD stock sometime soon, I predict.