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Technology Stocks : Advanced Micro Devices - Moderated (AMD)
AMD 211.76-4.2%12:26 PM EST
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To: eracer who wrote (262155)10/27/2009 4:50:21 PM
From: jackthetab of 275872
 
Re:"AMD to axe jobs in Q1"

Depending on how this is executed, they may be moving breakeven down as I was hoping. I think the only opportunity they have in procs is to take advantage of the niches they are good at and try to hold price as much as possible. A raising tide lifts all boats. So long as breakeven can be lowered without threatening critical longterm talent, then they may have a chance of maintaining position if the uptick in demand can offset the erosion of price/margins. Not a bet that is attractive.

However in my next post...
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