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Technology Stocks : Advanced Micro Devices - Moderated (AMD)
AMD 210.00-2.0%Jan 7 3:59 PM EST

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To: dougSF30 who wrote (228362)3/19/2007 6:36:13 AM
From: Dan3 of 275872
 
Re: So? A stock's price is not based solely on assets.

Exactly. In this case fears of capital inadequacy are depressing the price. Eliminate the capital adequacy issue with a stock sale and maybe the price will rise from $8 vs. its competitor's price of $110.

It's about a quarter the size of its competitor, so it shouldn't rise much past $16B in market cap, near term.

(note - I'm just pointing out issues in Doug's argument. I don't think that buying any stock is a good idea in this economy)
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