<A while ago Tenchusatsu posted a link to an article pointing out "bizarre contradictions" in Nile's AMD recommendation. I think it reveals a certain lack if depth to the guy. Here's the link again:
fool.com >
Yeah, I remember that. Here's the relevant clip of the article again, just to show the true colors of our buddy, Dan Niles:
Bizarre Contradiction of the Day: Our guy is at it again. The same gentleman analyst who said that he would sell Intel a few months ago on cable TV also has an opinion on AMD. His opinion: Long-Term Attractive, which he reiterated today. The bizarre contradiction resides in the following sentence from him: "Though AMD's processor design is excellent, its execution, especially in manufacturing, has been sporadic. The next six months of execution with Athlon will either make or break AMD, in our view."
So... the company's very fate is in the balance. Its fate could be determined in the next six months, and our analyst from BancBoston Robertson Stephens admits that the company has been sporadic at best with execution, upon which its fate rests. Yet, today he reiterated his Long-Term Attractive rating. Repeat: the company is in a "make or break" situation over the next six months, he doesn't know how it may turn out and he almost sounds 50/50 on it, and yet he reiterated his long-term attractive rating on the stock.
Tenchusatsu
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