AMD

[dmcowen674]

Originally posted by: sirspotti
Topic Summary: Good day for a terrible company

How much are you paid by Intel to post such spewage???

 

[Aharami]

i really hope AMD doesnt go under. if it wasnt for AMD kicking Intel's ass for such a long time, I doubt Intel would have gone to the 1 year development cycle which would have eventually led to the Core2 architecture.

Competition is good for us consumers. keeps the companies on their toes

 

[LegendKiller]

Originally posted by: sirspotti

Originally posted by: Special K

Originally posted by: LegendKiller
AMD was desperate in acquiring ATI. That desperation is being proven by sliding results. You acquire when your costs are cheap and your cashflow is strong, not when you have negative cashflow and increasing debt costs. All that even has done is destroy investor wealth.

At what point would you start to question whether or not they will even still exist in the near future?

Probably right now... they are down from $1.54 to 1.17 in cash between year-end and March. Another loss like this in Q2 and they will be hurting much much worse for cash and still be stuck with all that debt. The stock is supposedly up on news of a private equity buyout. Now the question is what kind of private equity group would be willing to pay over the current stock price for company in this much trouble?

Yeah, just when they needed money for a price war and a rollout of higher tech fab processes they go and acquire a company outside of their core competencies. That just smacks of stupidity. If I were a major shareholder I'd start getting others together to put pressure on the board to fire that moron CEO and his cronies.

 

[ch33zw1z]

Originally posted by: compuwiz1
Terrible company....wtf?

Yea, wtf?

 

[Bumrush99]

Why does this recent news remind me a bit of 3dfx ?

 

[ballmode]

I hope AMD survives, competition is good

 

[jpeyton]

If AMD wasn't around, we'd be heating our homes with 4GHz P4s.

 

[Steve]

Originally posted by: sirspotti

Originally posted by: compuwiz1
Terrible company....wtf?

I meant management-wise.. and their CEO is a LIAR. I have used AMD and ATI for my cpu/video card combo for the past 6 years and will probably continue that trend in the future. Hopefully they will be around to still produce something for me to buy.

How is Hector Ruiz a liar?

 

[JasonCoder]

Originally posted by: jpeyton
If AMD wasn't around, we'd be heating our homes with 4GHz P4s.

Yep.

Merely that AMD has some actual market share of any appreciable amount says a ton. And within the last 6 months intel laid of 10% of its workforce. It's not like they don't have their issues.

Come on AMD... come on capitalism...

 

[LegendKiller]

Originally posted by: JasonCoder

Originally posted by: jpeyton
If AMD wasn't around, we'd be heating our homes with 4GHz P4s.

Yep.

Merely that AMD has some actual market share of any appreciable amount says a ton. And within the last 6 months intel laid of 10% of its workforce. It's not like they don't have their issues.

Come on AMD... come on capitalism...

So what if Intel laid off 10%? That's a pimple on the moon to them. They still make more in profit than AMD does in revenue.

Capitalism is what happened to AMD.

 

[JS80]

Originally posted by: jpeyton

Originally posted by: Special K

Originally posted by: LegendKiller
AMD was desperate in acquiring ATI. That desperation is being proven by sliding results. You acquire when your costs are cheap and your cashflow is strong, not when you have negative cashflow and increasing debt costs. All that even has done is destroy investor wealth.

At what point would you start to question whether or not they will even still exist in the near future?

If Barcelona/R600 doesn't bring them back into the black, that's the point of no return.

That's why I speculate they are holding such a tight grip on information surrounding the pair of product launches; they know that one screwup could be lethal for the company.

I agree they are fighting for their lives. I actually had a price target to accumulate at 12...I was 60 cents /share away from going all in on this damn thing. should have just bit at 13. oh wells.

 

[Special K]

Originally posted by: JS80

Originally posted by: jpeyton

Originally posted by: Special K

Originally posted by: LegendKiller
AMD was desperate in acquiring ATI. That desperation is being proven by sliding results. You acquire when your costs are cheap and your cashflow is strong, not when you have negative cashflow and increasing debt costs. All that even has done is destroy investor wealth.

At what point would you start to question whether or not they will even still exist in the near future?

If Barcelona/R600 doesn't bring them back into the black, that's the point of no return.

That's why I speculate they are holding such a tight grip on information surrounding the pair of product launches; they know that one screwup could be lethal for the company.

I agree they are fighting for their lives. I actually had a price target to accumulate at 12...I was 60 cents /share away from going all in on this damn thing. should have just bit at 13. oh wells.

How did they ever even manage to survive back in the K5/K6 days?

 

[ViRGE]

Originally posted by: Special K

Originally posted by: JS80

Originally posted by: jpeyton

Originally posted by: Special K

Originally posted by: LegendKiller
AMD was desperate in acquiring ATI. That desperation is being proven by sliding results. You acquire when your costs are cheap and your cashflow is strong, not when you have negative cashflow and increasing debt costs. All that even has done is destroy investor wealth.

At what point would you start to question whether or not they will even still exist in the near future?

If Barcelona/R600 doesn't bring them back into the black, that's the point of no return.

That's why I speculate they are holding such a tight grip on information surrounding the pair of product launches; they know that one screwup could be lethal for the company.

I agree they are fighting for their lives. I actually had a price target to accumulate at 12...I was 60 cents /share away from going all in on this damn thing. should have just bit at 13. oh wells.

How did they ever even manage to survive back in the K5/K6 days?

A few different reasons. AMD used Intel sockets(lower development costs), and Intel was still pricing their processors so high that there was room for AMD to be a bottom feeder. Development costs for AMD were also a great deal lower since they weren't pushing out anything close to cutting edge.

 

[JasonCoder]

Originally posted by: ViRGE

Originally posted by: Special K

Originally posted by: JS80

Originally posted by: jpeyton

Originally posted by: Special K

Originally posted by: LegendKiller
AMD was desperate in acquiring ATI. That desperation is being proven by sliding results. You acquire when your costs are cheap and your cashflow is strong, not when you have negative cashflow and increasing debt costs. All that even has done is destroy investor wealth.

At what point would you start to question whether or not they will even still exist in the near future?

If Barcelona/R600 doesn't bring them back into the black, that's the point of no return.

That's why I speculate they are holding such a tight grip on information surrounding the pair of product launches; they know that one screwup could be lethal for the company.

I agree they are fighting for their lives. I actually had a price target to accumulate at 12...I was 60 cents /share away from going all in on this damn thing. should have just bit at 13. oh wells.

How did they ever even manage to survive back in the K5/K6 days?

A few different reasons. AMD used Intel sockets(lower development costs), and Intel was still pricing their processors so high that there was room for AMD to be a bottom feeder. Development costs for AMD were also a great deal lower since they weren't pushing out anything close to cutting edge.

They also sold lower tier chips to Euro and Asian markets like Cyrix. I imagine there was more even footing with intel there.

 

[LS20]

went in at 14 flat.. finally catching a good break this week

 

[dullard]

Originally posted by: Special K
How did they ever even manage to survive back in the K5/K6 days?

From my post in another thread:

1) Moore's law worked just well before AMD was a significant player. Heck, if you look just after the 486 (when AMD became significant), Intel actually slowed down. Yep, with AMD Intel was slower than before AMD.

2) Some price data.
[*]1974: Intel's first general purpose microprocessor the 8080 at $395. AMD market share: 0%.
[*]1982: 286-6 MHz: $360. AMD market share: not much more than 0%.
[*]1985: 386-16MHz: $299. AMD market share: ???.
[*]1988: 386SX-16MHz: $219. AMD market share: ???.

Lets see, what was happening to Intel prices before AMD was a major player? Oh yeah, <$500 and dropping with each new generation release. Now AMD became a major player and what happened?

[*]1989: 486-25MHz: $900.
[*]1991: AMD announces 30% market share.
[*]1993: Pentium-66MHz: $964.
[*]1996: Pentium-200MHz: $599. AMD market share: 12%.
[*]1997: Pentium 2-233 MHz: $636, 300 MHz ($1981) Ouch, AMD is in full swing with its K5/K6 processors and Intel's prices are skyrocketting. AMD market share: ~10%.
[*]1999: P3 - 500 MHz to 733 MHz: $239 to $776. AMD market share: 14%.
[*]2000: Athlon does well, hits 1 GHz: $1299. P3-933 MHz: $794. AMD market share: 16%.

A year later prices finally plummet (after the crash of the Internet and Computer stocks).

[*]2001: P4-1.7 GHz $352. AMD market share: 20%.
[*]2002: P4-3.06 GHz $637. AMD market share: 15%.
[*]2003: P4-3.2 GHz HT: $637. AMD market share: 15%.
[*]2004: P4-3.6 GHz: $637. AMD market share: 16%.
[*]2005: Pendium D-3.4 GHz: $637.
[*]2006: Core 2 Duo-2.66 GHz: $530.

I listed the top consumer processor at the time, usually at the major new feature releases. As you can see, the price did fluctuate. When AMD gained market share around 1990, prices INCREASED for both companies. When AMD lost market share in the late 1990s, prices DECREASED (save for the P2-300 MHz beast). Only once the stock market crashed (in 2001 no one needed computers because they just bought them for the y2k problem a year ago), did prices fall significantly. And they have been steady since. Steady whether AMD is in the CPU speed lead and steady whether Intel is in the CPU speed lead.

As AMD's market share increased, prices increased. That is how AMD survived. During the K5/K6 days, they got more chips sold at a higher price each. It was the internet boom that did this. AMD's timing was perfect. They finally got good technology at the exact moment there was such a massive demand and massive money flowing to computers and technology.

It has been downhill since for AMD. AMD makes good products. AMD as a company sucks. Don't confuse the two topics.

I too was aiming for a <$12 price to consider jumping in on AMDs stock. Not as a long term investment, but because I thought AMD would get a temporary stock surge. I missed it with JS80. But, this surge may be even more temporary than I thought. AMD is basically out of cash.

 

[JasonCoder]

Originally posted by: LegendKiller

Originally posted by: JasonCoder

Originally posted by: jpeyton
If AMD wasn't around, we'd be heating our homes with 4GHz P4s.

Yep.

Merely that AMD has some actual market share of any appreciable amount says a ton. And within the last 6 months intel laid of 10% of its workforce. It's not like they don't have their issues.

Come on AMD... come on capitalism...

So what if Intel laid off 10%? That's a pimple on the moon to them. They still make more in profit than AMD does in revenue.

Capitalism is what happened to AMD.

Funny, I worked with several intel people when the layoffs were announced and it hit the company in a major way. 10% is 10%.

Intel is a much larger company but they're in A LOT more markets than AMD. I think writing AMD off is a bit premature at this point. I'll buy whomever's chips are king at the moment but I'm hoping AMD hangs around for a while and keeps intel honest.

 

[PepePeru]

AMD isnt going anywhere.
in '02 this stock was ~3.00 a share.

 

[dmcowen674]

Originally posted by: G Wizard
AMD isnt going anywhere.
in '02 this stock was ~3.00 a share.

but the AT experts say they are out of money.

 

[LegendKiller]

Originally posted by: dmcowen674

Originally posted by: G Wizard
AMD isnt going anywhere.
in '02 this stock was ~3.00 a share.

but the AT experts say they are out of money.

I know that your whole existance depends on hyperbole, ignorance, and trolling, but fact is fact. AMD is bleeding cash and they'll get much worse. They shouldn't have piled on 2.3 billion in extra long-term debt to acquire ATI. Their total debt exposure went from just under 4 billion to 7.3 billion. Their interest expense increased 20%+, when their EBITDA was decreasing by a factor of 2. I could break these financials down into a myriad of ratios, all fo which would just go over your head anyway. Why? Because you would rather troll this board and post idiotic comments like above.

 

[Special K]

Originally posted by: LegendKiller

Originally posted by: dmcowen674

Originally posted by: G Wizard
AMD isnt going anywhere.
in '02 this stock was ~3.00 a share.

but the AT experts say they are out of money.

I know that your whole existance depends on hyperbole, ignorance, and trolling, but fact is fact. AMD is bleeding cash and they'll get much worse. They shouldn't have piled on 2.3 billion in extra long-term debt to acquire ATI. Their total debt exposure went from just under 4 billion to 7.3 billion. Their interest expense increased 20%+, when their EBITDA was decreasing by a factor of 2. I could break these financials down into a myriad of ratios, all fo which would just go over your head anyway. Why? Because you would rather troll this board and post idiotic comments like above.

Does the fact that they shipped a record-high number of processors this quarter have any significance? (just asking)

 

[dmcowen674]

Originally posted by: LegendKiller

Originally posted by: dmcowen674

Originally posted by: G Wizard
AMD isnt going anywhere.
in '02 this stock was ~3.00 a share.

but the AT experts say they are out of money.

I know that your whole existance depends on hyperbole, ignorance, and trolling, but fact is fact. AMD is bleeding cash and they'll get much worse.

They shouldn't have piled on 2.3 billion in extra long-term debt to acquire ATI.

Their total debt exposure went from just under 4 billion to 7.3 billion. Their interest expense increased 20%+, when their EBITDA was decreasing by a factor of 2. I could break these financials down into a myriad of ratios, all fo which would just go over your head anyway. Why? Because you would rather troll this board and post idiotic comments like above.

But it was perfectly ok for your heroes at Intel to buy Nvidia of course. :roll:

 

[LegendKiller]

Originally posted by: Special K

Originally posted by: LegendKiller

Originally posted by: dmcowen674

Originally posted by: G Wizard
AMD isnt going anywhere.
in '02 this stock was ~3.00 a share.

but the AT experts say they are out of money.

I know that your whole existance depends on hyperbole, ignorance, and trolling, but fact is fact. AMD is bleeding cash and they'll get much worse. They shouldn't have piled on 2.3 billion in extra long-term debt to acquire ATI. Their total debt exposure went from just under 4 billion to 7.3 billion. Their interest expense increased 20%+, when their EBITDA was decreasing by a factor of 2. I could break these financials down into a myriad of ratios, all fo which would just go over your head anyway. Why? Because you would rather troll this board and post idiotic comments like above.

Does the fact that they shipped a record-high number of processors this quarter have any significance? (just asking)

Who cares what they ship if they make no money doing it?

 

[LegendKiller]

Originally posted by: dmcowen674

Originally posted by: LegendKiller

Originally posted by: dmcowen674

Originally posted by: G Wizard
AMD isnt going anywhere.
in '02 this stock was ~3.00 a share.

but the AT experts say they are out of money.

I know that your whole existance depends on hyperbole, ignorance, and trolling, but fact is fact. AMD is bleeding cash and they'll get much worse.

They shouldn't have piled on 2.3 billion in extra long-term debt to acquire ATI.

Their total debt exposure went from just under 4 billion to 7.3 billion. Their interest expense increased 20%+, when their EBITDA was decreasing by a factor of 2. I could break these financials down into a myriad of ratios, all fo which would just go over your head anyway. Why? Because you would rather troll this board and post idiotic comments like above.

But it was perfectly ok for your heroes at Intel to buy Nvidia of course. :roll:

Wow, Dave continues his hyperbole strawmen attacks. I love how you are such a doof that you think that people can't rationalize better than you. I am sure glad not everybody is at such a low bar as you Dave.

Personally I own an Opteron 180 with an ATI X700Pro for my desktop

My laptops (wife and I have 1 each) are both AMD Turion X2-50.

Just because I use a company's products doesn't mean I can't say that the company is being driven into the ground. Furthermore, just because I say something against a company doesn't mean that I am rooting for the competitor.

Only people like you create stupid logic like that.

 

[JasonCoder]

Originally posted by: LegendKiller

Originally posted by: Special K

Originally posted by: LegendKiller

Originally posted by: dmcowen674

Originally posted by: G Wizard
AMD isnt going anywhere.
in '02 this stock was ~3.00 a share.

but the AT experts say they are out of money.

I know that your whole existance depends on hyperbole, ignorance, and trolling, but fact is fact. AMD is bleeding cash and they'll get much worse. They shouldn't have piled on 2.3 billion in extra long-term debt to acquire ATI. Their total debt exposure went from just under 4 billion to 7.3 billion. Their interest expense increased 20%+, when their EBITDA was decreasing by a factor of 2. I could break these financials down into a myriad of ratios, all fo which would just go over your head anyway. Why? Because you would rather troll this board and post idiotic comments like above.

Does the fact that they shipped a record-high number of processors this quarter have any significance? (just asking)

Who cares what they ship if they make no money doing it?

Ok, I'll bite. To garner market share? If they hemorrhaged cash AND chip shipments dropped it would look worse.