Survivin - RE: "Mr Peck doesn't seem particularly fond of either company. I guess we should be thankful for this blurb from Steve's TWeb link. 66% positive isn't so bad.
"Mediocre revenue growth, excellent execution, with a big potential upside," summarized Drew Peck, an analyst with S.G. Cowen, Boston"
I was quite pleased when I read this. If this is what Peck, a historic bear, has to say, I'd say things look good from the analyst front.
Personally, I am more confident about AMD than ever before. This should be the last complete chipset changeover AMD has to do for the year, so infrastructure shouldn't be a problem for the rest of the year. AMD will have over $800M in flash reveune the last half of the year and with more Athlons/Durons being sold, I think AMD is in a great position to make LOTS of money this year. I do agree that this Qs processor revenue growth was not stellar, especially considering MANY more Athlons were sold. Athlon ASPs must have gone down quite a bit. As has been stated on these threads previously, AMD probably had Durons and Thunderbirds stockpiled last Q. But as infrastructure gets better this Q, these processors will get sold. There is even a chance that Q3 will have a processor upside because of the the situation. But it is too early to expect that to happen.
As far as I heard, there was no mention of commercial PCs in the CC... Even no analysts asked a question about that. |
