Intel buys 100,000 shares of AMD

[NFS4]

Maybe they're optimistic about Hammer? 😀

http://www.theinquirer.net/08040208.htm

 

[Random Variable]

Or maybe it's the beginnings of a hostile takeover. :Q

 

[JetBlack69]

<< It had 100,000 shares in its cheeky little rival Advanced Micro Devices (AMD) ? it's done this before. >>



Why did Intel do it before? 😕
Does AMD have Intel stock?

 

[vi edit]

*puts on conspiracy hat*

Or maybe they are slowly trying to get a large percentage of AMD ownership...

Or maybe they are trying to prove that they aren't a monopoly...

I dunno.

Just seems odd that a company would dump several million into their closest rival. Would you ever see GM dumping money into Ford?

😕

 

[pulse8]

Doesn't Microsoft own a decent amount of shares of Apple?

 

[yakko]

Maybe they are in it for the money that can be made investing.

 

[XZeroII]

Microsoft did that in order to keep Apple from going under. Intel will not try a hostile takeover because the DOJ or SEC or SCC or whatever wouldn't allow it. It would upset the CPU market and give Intel too large a share of the market.

 

[PlatinumGold]

<< Just seems odd that a company would dump several million into their closest rival. Would you ever see GM dumping money into Ford?
>>



mb i missed that day, but aren't you "dumping money into them" if you are buying new issue? once it's been purchased it's just circulating. it's just another stock. I'm sure that GM has Ford stock and visa versa.

 

[gar598]

Merger?

 

[AGodspeed]

Actually it's quite common. Competitors in almost all industries do this...

 

[Evadman]

I work at home dpeot, and own lowes stock 😛

I am in it for the money. not sure about this tho, but it is kinda cool.

 

[spanky]

<< Maybe they are in it for the money that can be made investing. >>

 

[BillGates]

Consider the source of this article.... Then turn the page to read about Bat Boy graduating college at 8 with 2 PhDs.

 

[Rallispec]

<< Microsoft did that in order to keep Apple from going under. Intel will not try a hostile takeover because the DOJ or SEC or SCC or whatever wouldn't allow it. It would upset the CPU market and give Intel too large a share of the market. >>



yeah, intel needs to keep AMD alive so they dont get hit with a monopoly lawsuit like microsoft did.. just my guess though.

 

[LAUST]

LOL, C'mon guys doesn't anyone keep up on the financial world?

 

[MajesticMoose]

lol, anybody else notice the flame editor at the bottom of that link?