What would an AMD bankruptcy mean?

[Stoneburner]

Originally posted by: bryanW1995

Originally posted by: spankure

Originally posted by: bradley
"I won't be of much value to subscribers if I couch my opinion of AMD with hedges and qualifiers, so I'll be very blunt: I think AMD, now trading at around $7, will dip to $1 or $2 a share in the next year or two. My guess is that bankruptcy may be the ultimate destination. That doesn't mean AMD will disappear entirely, but that its debtholders (many of whom are based in Germany, as discussed below) will own this company, not its current shareholders."

http://www.thestreet.com/p/rmo...rtist_up/10085197.html

Thats from april 2003. 6 months after that analyst wrote that, the stock was at $14. His subscribers would have been better of if he kept his mouth shut.

if that was bait for wreckage then it was pretty weak. I'm mostly sure that he knows how to read.

with green tinted glasses