Originally posted by: Firebot
Originally posted by: Cal166
Originally posted by: her209
2007 doesn't look too bad for AMD
Time to buy some AMD stock since it's near its 52-Week Low?
That's about as good as an idea as the guys who bought in around page 4,5,6,7 on this thread!
Value buying is only good, when the stock isn't dropping like a rock...
Wait for SOME momentum to go AMD's way heh. I think AMD is still a good 2-3 dollars too expensive right now based on their current situation.
Originally posted by: Firebot
Originally posted by: Firebot
Originally posted by: Cal166
Originally posted by: her209
2007 doesn't look too bad for AMD
Time to buy some AMD stock since it's near its 52-Week Low?
That's about as good as an idea as the guys who bought in around page 4,5,6,7 on this thread!
Value buying is only good, when the stock isn't dropping like a rock...
Wait for SOME momentum to go AMD's way heh. I think AMD is still a good 2-3 dollars too expensive right now based on their current situation.
Still hoping to buy since it's at the 52 week low? It's hit a new low today at around 12.80$. At the time of this quote, the stock was at 15$.
If the stocks starts to stagner around this level, it may be sign of a bottoming out, but there is still no good news coming out of the AMD camp. Very good chance to hit single digits.
Originally posted by: andylawcc
fak! got it at 14.80.
Originally posted by: astroidea
Any ideas what's going on with intel? Their stock hasn't really gone up from the core2duo release. Their profits/revenue has went up, so why hasn't their share value gone up too?
Originally posted by: astroidea
Any ideas what's going on with intel? Their stock hasn't really gone up from the core2duo release. Their profits/revenue has went up, so why hasn't their share value gone up too?
Originally posted by: JS80
dude! here's a tip: never buy just because the stock is at 52 week low.
They offered a cost cutting plan: end discretionary spending and stop hiring for virtually all jobs.Originally posted by: Schfifty Five
Yeah why is AMD up on this news of lowering revenue forecast?
Originally posted by: dullard
They offered a cost cutting plan: end discretionary spending and stop hiring for virtually all jobs.Originally posted by: Schfifty Five
Yeah why is AMD up on this news of lowering revenue forecast?
Revenue is meaningless in the end. Profit is all that matters. Too bad people look at revenue too much and ignore profit (Enron had massive revenue and no profit). Raising profit without raising revenue is not a bandaid - it is a definite cure.Originally posted by: Firebot
In other words, AMD is putting a bandaid on a serious wound. Buying now would be the same as buying from GM or Ford when they made their last job cutting announcements. This move does not positively impact revenue in any way.
Originally posted by: dullard
AMD reports revenue will be far below expectations. AMD originally expected 1st quarter reveue at $1.6B-$1.7B, the street was expecting $1.55B, and now it looks to be more like $1.23B. That is far below expectations and below last year's revenue. Full Story.
Result: AMD stock up nearly 4%. Bah, it was so close to buying levels. But I think it'll be back down again.
Originally posted by: LS20
Originally posted by: JS80
dude! here's a tip: never buy just because the stock is at 52 week low.
a better tip is : never follow a hard-rule tip.
but i digress. its finally bouncing back up!
Originally posted by: JS80
Originally posted by: dullard
AMD reports revenue will be far below expectations. AMD originally expected 1st quarter reveue at $1.6B-$1.7B, the street was expecting $1.55B, and now it looks to be more like $1.23B. That is far below expectations and below last year's revenue. Full Story.
Result: AMD stock up nearly 4%. Bah, it was so close to buying levels. But I think it'll be back down again.
damnit why didn't they just wait to announce this until the stock hit 12?!?!? ARGHHHH
