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

To: rzborusa who wrote (265766)	1/10/2011 11:03:03 PM
From: Mahmoud Mohammed	Respond to of 275872

Mr Borusa, Re: "Pete, Some have moved:" "In a statement, Bruce Claflin, the A.M.D. chairman, did not address the timing of the surprise move or its reason, beyond generalities. But with those tasks accomplished, Mr. Claflin said, A.M.D. now needed to improve its market position, growth and financial returns. “We believe a change in leadership,” Mr. Claflin said, “will accelerate the company’s ability to accomplish these objectives.” “The snake isn’t moving fast enough, so you cut off its head?” said Stacy Rasgon, an analyst at Bernstein Research. “The timing is extremely odd, and it’s only going to fuel uncertainty in the stock.” Mahmoud