Robert,
You said
This company has fundamental problems:
Loss of market share
Competitors like Intel and Nvidia
Shrinking margins
Flat to shrinking revenue growth
Negative earnings
I thought about ignoring your comments and what point you're trying to make but then I figured, I can't let you post negative and false information unless you can back those statements up.
So where are you getting your facts? Are all you statements predicated from yesterday's pre-annoucement? Of course you couldn't have made any of those comments for the many past qtrs of year over year growth, good earnings, increased market share, more oem deals, STB deals, games consoles with Nintendo, new graphics in the pipe, etc ...
Do you always see the world from the negative angle of things? Or did somebody pee in your coffee today?
As for the analysts, I've yet to find one with any ethics or backbone. Just recently, they all trampled each other to death to upgrade ATI. So, what has dramatically changed from what they assessed of the company's fundamentals and strategy then to alter their projections so extremely as they did today? Yes, the pre-announcement sucked, but that doesn't justify today's trampling (again) at the newswire gate to downgrade to the extent they did. Did they listen to ATI's explanation? Did they believe the explanation? If not, why? Where's their analysis/justification of the downgrade? Or do they just believe the public is a herd of sheep that they can manipulate? Unfortunately, I tend to believe the latter. As I see it, all great companies, and that includes ATI, have blips on the road to growth, even Intel has had many, and they often come out the better because of them. It may be a hard pill to swallow, but I accept for now that ATI made the right decisions given the events they were confronted with and couldn't control. IMHO, they will be the better and greater company for it. |
