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Technology Stocks : AMD, ARMH, INTC, NVDA -- Ignore unavailable to you. Want to Upgrade?

To: neolib who wrote (1524)	5/15/2011 2:53:48 PM
From: wallshot	Read Replies (1) \| Respond to of 73202

Thanks neolib, just trying to learn through posting. Fortunately I had the quarterly data for all these companies stashed away with outstanding shares in it. These are the 4 Semi's I have been trying to follow, so this board makes more sense than some of the others that are dedicated. I think instead of start up mentality, I think this proves the thesis that AMD had to spin off GF more than anything else. In order to compete against INTC they were forced to take out massive loans that were convertible for shares instead of money. It does explain to me anyway how AMD, which is in much better financial standing these days so much lower than it used to be. It took me a few hours to confirm 2-3 of AMDs share bumps so I can't say that what I have posted is 100% fact. The confirmations I pulled out of the annual reports did at least line up with the definitions of convertible shares that I read up on. I plotted the share price on the top chart and it lines up really well with AMD's drop through the floor in price more. There were so many bonds purchased that I got a bit lost and was trying to figure out if ATIC still has some outstanding shares it can purchase or if the terms of the outstanding loans that are due in 2012+ have the same terms. For AMD and NVDA, the slow slope likely almost all "employee shares" when they are exercised. INTC's buy back policy is pretty fat and as the press release a few posts back indicated, they are justifiably proud of it. quarter after quarter, INTC continues to buy back more shares than they are awarding and with their big war chest, they are using cash/non-convertible bonds to do their purchases. ARMH is a bit more erradic as they look to go through buy phases opposite of the quarters they award/dilute and are overall buying back more shares than they are giving out. GOOG insider trading is absolutely crazy, but it lines up with MSFT although the scale is hard to fathom. Seeing the GOOG founders selling many >$5B worth of shares and seeing the prices keep going kept me up for another hour last night. It took me over a year, but I think the data on DELL finally explains what Micheal Dell was doing buying up company shares. His purchases looked big as single transactions and made for 2 good press releases, but they didn't even cause a blip in his total shares owned or total net worth. I think he was doing what he could to out buy the inside sellers. Although this doesn't help outstanding shares, there are two impacts of this. First, it looks like insiders are buying stock. Second, I'd be willing to guess who might be a great person for DELL to talk to in the event that the company itself institutes a stock buy back program in the future.