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Technology Stocks : Advanced Micro vs Intel (AMD / INTC)
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To: inex who wrote (2506)1/3/2008 7:56:43 PM
From: Elmer Phud  Read Replies (1) of 2596
 
My apologies for not getting back to you sooner but I was locked out for a month and couldn't post.

It was my position that AMD always returns to the teens, not that it always trades in the teens. A look at their historical chart makes that pretty clear. I made a ton of money following that principle however I think the axiom is coming to an end. I don't see any chance for AMD anymore. Incompetent Management, no credibility whatsoever, crushing debt, oversized buggy unmanufacturable products, poor performance, a dull roadmap, continued loss of market share where ASPs count plus no end to any of the above in sight. The only direct action available to them is to fire the entire executive staff but if they had the brains to do that they would have done it a year ago. Meanwhile the competition seems to be hitting on all cylinders and their (Intel's) process technology is at least one if not two generations ahead of everyone else. AMD brought a plastic spoon to a knife fight.
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