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Technology Stocks : Advanced Micro Devices - Moderated (AMD) -- Ignore unavailable to you. Want to Upgrade?


To: Jim McMannis who wrote (256537)10/8/2008 1:35:34 PM
From: smooth2oRead Replies (2) | Respond to of 275872
 
re: WIth Abu Dhabi does it look like AMD is backstopped against going BK? I figure that would be worth a double in stock price alone.

I think not, why, do you think Abu Dabi is there to bail out AMD? Doesn't look like it to me, they still have $4B in debt.

16 for Intel. Like other stocks this is just following the indexes as the computer trading goes wild. People just standing around waiting to see what happens. Signs of the credit effort should stabilize things. Bailing out 350,000 mortgages by BOA should help, too.

What do you think will happen?

Smooth