Originally posted by: heyheybooboo
Originally posted by: Killrose
AMD's stock price is getting pretty low. I'm thinking I might buy about 1000 shares here soon. I'm thinking it will bottom at around $7.25 or so. Then sell some if it hits $9 or so and then maybe the rest when it hits $104 per share :laugh:
Anyone else in for a few shares?
Sell off at $103 😀
AMD stock is undervalued but who knows where the bottom is?? Latest Q-10 showed $188 million operating loss on the cpu side (if I remember correctly). After bungling the Phenom rollout with the TLB errata it could go either way this quarter.
I don't think it will drop as low as you think - that would put the market cap at around $3.9 bil for a company that may well have $6 bil in revs this year with a 'guarded' outlook for 2008.
And I find it funny that disputing the AMD FUD on this Forum earns me a fanboy label, Phynaz.
Psychologists call that 'projection', Phynaz. I call it your personal bias.
Originally posted by: spikespiegal
Actually, I'm not going to buy AMD stock - no matter how low it gets. I plan on setting up some fake, 3rd world hydro-electric projects, and buy carbon offset taxes from big corporations. I figure I can make a mint getting easy cash from all those big, enterprise data farms still running racks of Netburst based Intel Xeons that require an air conditioner in the middle of January in Detroit, and get utterly spanked by a $50 Dual Core AMD processor consuming a fraction the current.
I try to stay neutral on the 'fanboy' side, but I recall not a few yars ago displacing Netburst Xeons (which many Server vendors still pimp) with AMD platforms that cost 1/3 the price, consumed 1/3 the power, and had twice the performance.
Too bad - I guess memories are short..........
Originally posted by: Phynaz
Originally posted by: j0j081
I think there is only one AMD fanboy on this board. First person to correctly guess his name gets props.
There are many.
"V"
"OC"
"B"
"Hey"
The "snappy" guy.
I'm sure I've missed a few.