Anyone have shares of AMD stock?

[her209]

Keep in mind that INTC is lower as well. So its not necessarily what AMD is doing, but rather the industry as a whole.

 

[Jadow]

I like AMD, use AMD cpus, and hope they do well.

That being said, I wouldn't own AMD stock, it just doesn't mesh with my investing philosophy.

Do you know that Intel made more PROFIT in Q4 2006 than AMD has made in it's entire history combined?

People always compare Intel vs AMD and look at market share of the CPU market. There is SO much more to it than that.

I wouldn't own either of those 2 companies at the moment, but if I had to pick, Intel is a much better choice, and if it drops to $17.50, it will become VERY interesting.

 

[Jadow]

Lol, I read this thread, and people were talking about AMD in the 20's and 30's and I was thinking "WTF are these guys talking about" then I realized I was reading posts from feb 2006, not feb 2007!

 

[dullard]

The rock keeps sinking. AMD had a revenue warning today causing the latest slide. Combined with the whole Nasdaq slide for the last week, AMD's stock didn't have a chance.

I think it is now at the lowest point since mid 2004. I'm beginning to really get interesting in buying in. If it hits ~$12 around the time my tax return hits, I know where my tax return money is going.

 

[bennylong]

I rather buy Intel. Waiting for it to drop to $18

 

[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.

 

[bignateyk]

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.

yeah.. ive been following it for a while, and every once in a while it will rebound up a half-dollar or so, but the next day it will hit a new 52 week low. I will be tempted to buy some if it hits single digits, however.

 

[HeroOfPellinor]

Well, Santa Rosa is being released in April/May so it may still have room to fall.

 

[andylawcc]

fak! got it at 14.80.

 

[yhelothar]

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?

 

[JS80]

Originally posted by: andylawcc
fak! got it at 14.80.

dude! here's a tip: never buy just because the stock is at 52 week low.

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?

Semi sector is not doing well right now. Not only that they are engaged in a price war with AMD.

 

[Firebot]

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?

Tons of inventory, severe price competition and low margins, declining market share and the general hatred that people have against big companies like Intel.

With established companies like Intel and Microsoft who have pretty much cornered the market, they are expected to perform consistently high, which while is unfair in terms of stock share price, keeps the stock priced steady. It's just a bad industry right now. Investing in the chip industry is similar to buying in the airline industry.

 

[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.

 

[Schfifty Five]

Yeah why is AMD up on this news of lowering revenue forecast?

 

[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!

 

[dullard]

Originally posted by: Schfifty Five
Yeah why is AMD up on this news of lowering revenue forecast?

They offered a cost cutting plan: end discretionary spending and stop hiring for virtually all jobs.

 

[thirdlegstump]

wee

 

[Firebot]

Originally posted by: dullard

Originally posted by: Schfifty Five
Yeah why is AMD up on this news of lowering revenue forecast?

They offered a cost cutting plan: end discretionary spending and stop hiring for virtually all jobs.

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.

 

[Blazin Trav]

I am waiting for my stock to go back up... already lost half its value for me.

 

[GoingUp]

I bought some 2 months ago, and its went down about 3 grand on me, although its back up 600 some bucks today. Its a risky bet right now

 

[dullard]

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.

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.

However, I get your point. When the cure requires you to take 20 pills and they are only ever going to take 5 of them, the cure won't work.

 

[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

 

[JS80]

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!

It's not a hard rule, note the wording - never buy JUST because - you have to factor in more than that. I hear too many times "it's at a 52 week low it's cheap"

 

[Mermaidman]

AMD up and down today. INTC up almost 3%--phew!

 

[Special K]

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

I'm a total stock n00b - why would them announcing 1st quarter revenue to be far below expectations cause their stock to rise? Isn't their announcement a bad thing?