crazyoldman,
>Also I personally hope that AMD is not acquired by anyone. This stock seems to grow on me as AMD struggles against a much larger competitor, I guess I root for the underdog. AMD's fine products, engineering, and manufacturing have put it in an excellent position at an excellent time in the world marketplace. I've always thought Dresden is the key. I want to ride this baby to glory!!!
I don't think any body will dare to attempt acquire this company. Not because it's a bad company to acquire, but because of the business the company is in now.
I often get a feeling that lot of investors really don't know what kind of company AMD is. From stock holder return point of view, the company fared very bad during last several years. Financially it didn't fare well either. It was all due to one thing - AMD 's decision to be in the X86 market and was forced to compete with Intel head on when its other business related to PC's started disappearing due to Intel's entry into chipsets and motherboards.
The point I'd like to make here is, if we disregard its failures against Intel, the company stands well above Nokia, Altera, Xilink,LSI, VLSI, etc., when it comes designing many unique products (bit slice, some interesting analog products, I/O chips, networking/com chips, etc.) besides the Standard Logic, Interface and PAL chips.
I treat Intel, TI, Motorola, AMD and NSM as the veteran semiconductor companies in the USA. It makes me laugh when ever I hear about AMD takeover rumors by these lesser companies. One thing this company has over all the others is its willingness to take risks. I strongly believe this trait of AMD was mainly inherited from its CEO - Jerry Sanders.
AMD is on the path to greater stability. It's not there yet, but it's sure making great progress in that direction. IMHO, it can continue in that direction only with Jerry Sanders. Any company wishing to buy AMD with the intention of becoming a viable leader in X86 CPU business against Intel without Jerry will be like fooling themselves.
Goutama |
