Cory,
RE: You are absolutely right. The price action in the stock today has nothing to do with the lack of coppermine or the "popularity" of Athlon. An amazing statement unto itself considering no one has one. Price action in Intel today is pure profit taking....one of those nice things you get to do when your stock performs incredibly and hits several all time highs over the last 30 days. Price action in AMD is based on acquisition speculation, pure and simple. But of course you knew that, right?
Probably not, this is a "documented" reason you should read. biz.yahoo.com
Bell Microproducts Signs Distribution Agreement With Advanced Micro Devices
SAN JOSE, Calif., Sept. 7 /PRNewswire/ -- Bell Microproducts (Nasdaq: BELM - news) announced today the signing of an agreement with Advanced Micro Devices, Inc. (NYSE: AMD - news) to supply their complete range of the AMD-K6-2©, AMD-K6-III and AMD Athlon(TM) microprocessors.
``We are pleased to add Bell Microproducts as an AMD Authorized Distributor for our PC Processor Products,' said Jeff Erhart, director of worldwide distributor operations at AMD. ``Bell Microproducts has done an outstanding job penetrating the commercial marketplace. Their position in the market, combined with their size and flexibility, give AMD a strong business partner who can adapt to the ever-changing PC market.'
AMD-K6 family processors remain a top choice in the U.S. retail desktop PC market, where AMD consistently garners strong market share. The next-generation 650 Mhz AMD Athlon processor delivers the ultimate computing experience and outperforms any existing Windows compatible x86 processor. With the introduction of the AMD Athlon processor, AMD processors with 3DNow!(TM) technology can now enable system products that span the complete range of desktop and mobile computing, from sub-$1,000 and mainstream consumer PCs to high-performance laptops and high-end desktop systems for small-business and enterprise users and PC enthusiasts.
``We are excited about adding the AMD-K6-2, AMD-K6-III and AMD Athlon microprocessors to our line card because they clearly represent important leading edge technology,' said Ron Mabry, senior vice president semiconductor marketing of Bell Microproducts. ``The ability of AMD to develop and deliver high-end microprocessors, combined with Bell Microproducts' customer service and market reach, will benefit customers looking for state-of-the-art microprocessor products.' |