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Technology Stocks : Advanced Micro Devices - Moderated (AMD)
AMD 231.80+1.7%Jan 16 3:59 PM EST

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To: aleph0 who wrote (235575)7/4/2007 7:52:44 AM
From: niceguy767Read Replies (1) of 275872
 
"the SP seems to be being held up by magic."

Well, fundamentals certainly aren't holding AMD price up.

And, now that Barcelona entry performance is well below that hoped for, AMD's future roadmap would seem in disarray.

Profitability? Well that's on nobody's radar screen for the 2 years that they look out! (meaning that the $5.1B in debt poses a SMOTHERING cloud hanging over AMD)

So, yes, that would seem to leave only "magic" as the explanation for AMD trading at $14.35 as opposed to $4.35!
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