AMD Stock Plummets 25% in Response to K10 Release - Investors Scared

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:bounce: mate that happened after the second page :lol:

ok ok lets call it a day on this one, just so long as were all agreed that they started it....

....only joking!

I wont post again on this thread, but I would put a few coins on it that someone will want the last word.
 


For myself, I understand the risk. AMD is quite volitatile, with the ability to drop down suddenly as well as go up. Such investments are not for the feint of heart. Its why I call the AMD investment gambling money.

To ease your wondering, AMD is only one of a dozen stocks that I own, Most would be called good solid companies that aren't going to disappear. Or if they do, the economy will be so wrecked that the depression of the 1930's will seem easy. I only have a couple investments that are in the gambling zone. I do my trading on-line so the fees are $7 to buy and $7 to sell. Therefore, if I buy 1000 shares of a company and it goes up 50 cents, I still make a fair amount of money with the sale, though I like to get a larger return.
 


If AMD can price the CPU's like their doing with the 3800 series ATI cards then AMD will do what it wanted to do, offer good performance to price ratio in the mainstream market. Thats were most consumers on a budget go for anyway.
 
AMD Stock Update:

At 1:30pm today the stock is down nearly 4% at 9.30


I'm going to make a bold prediction: AMD Stock will be below $8 per share by the end of this month.

I make this prediction because I think investors are going to have a fit when analysts start spouting their concerns about the Errata issue which is now said to affect all K10's at any frequency. The fix for said issue SLOWS the K10 processor down by 10-20%, according to TechReport (10% being AMD's number).

I know I'm spouting out doom and gloom, but that's the reality for AMD, doom and gloom. Launching a new processor slower than your competitor's weakest processor, and having to recall and patch your brand new state-of-the-art technology, NOT GOOD.
 


Well he did say, "I don't deny that I enjoy stiring up the pot".
 
I remember someone last winter predicting that AMD would drop to 7 in the late spring to early summer. Ok, maybe he was just late. But as the stock keeps dropping, that will be more inviting for a take-over bid from IBM or someone else. Such a thing could ralley the stocks pretty good.

For now, maybe I need a drink. What's that? Its not 12 o'clock yet? Just move the hands while nobody's looking.
 


Actual facts/links to back up your statements because knowone will or is taking you seriously. You did say that you like to stiring things up and you seem to have pulled that off well.
 


To call this gambling is an understatement and now brings back into question the whole argument of choosing a higher priced stock [INTC] that is destined to fall less vs another stock [AMD] in the same category that is likely to fall more. As well as the old proposed failed approach of buying and holding.

So I guess you could call this the catch 22. The fact is had you bought INTC instead you would be in less dire circumstance right now even though you would use more funds for such a purpose. There is no reason to believe even that it will stop at $8. So the "time factor" that you were trying to avoid has sucked you into a bad situation.

Not to say you won't eventually get out of this, it reduces the argument for making a "quick" score to rubble. While this may have worked for you the past year... it was probably just a small case of luck. This was my whole point in not buying a stock that is falling, just because it appears cheap... there's nothing to support that it will all of a sudden become worth something over night.

As far as a buy out from IBM... I wouldn't plan on it. IBM sold off their PC business including harddrive business to focus on more profitable sectors. I wouldn't plan on them back stepping now. IBM could never keep up with Intel processors what makes you think they could do this with AMD? Just because they license tech to AMD doesn't mean they are looking to merge.

A couple more likely candidates might be Nvidia or possibly Samsung or even a more extreme pick would be Sony. But I doubt this would happen in the current climate. Why buy a company now that is having a host of problems when you can get it for fire sale prices a little later?? The time to buy IMHO is when it's hit rock bottom and starts coming back up. Then you can decide how long you want to hold it for.
 
Hello Sailer:
Your philosophy is definitely not for the faint of heart.
I lost on wcom/nt - bought more when they went down, But
Made out on csco - Bought 200 share (split to 900) sold 400
(Paid $8.73 got $18.51) still have 500 shares. Paid equivalent of $470 - Current Balance $13,500.

Like you said - win some, lose some, as long as wins come out ahead
As someone said " know when to hold um and when to fold"

Editted - added
To bad I didn't sell Csco at $60 (54 grand vs cost 8 grand o'well that life.
Typed this awhile ago - Forgot to hit send went a raked the D___ leaves.

Anyway at the start of this post AMD was 10.83
End of today $9.25 -4.24% (Cube only down 0.21%, & INTC up +0.23%)
Quite a while back I prediced a drop to the $10.00 level, believe at that time someone else prediced the $8 (Think it was the same post
 
I read some breaking further bad news about AMD a few hours ago and made the decision to sell. I got out before it went down to $9.25. That was a Kenny Rogers song, "The Gambler", and I decided it was time to fold. I looked over my gains for the year and I still came out ahead on AMD, so I won't cry to much.

The news that came out is that the Phenoms that were released are defective, the Barcelonas that have been sold are defective, AMD has stopped shipments and is recalling unsold chips. The errata is appearing on all chips, no matter what speed they run. To make it worse, it appears that AMD knew that the Barcelona and Phenom chips were defective at time of sale, but proceeded with the sales anyway in hope to finding a cure. So far AMD has found an update that helps with the errata, but it slows the chip 10-20%. This does not look good, and I expect AMD stock prices to drop a lot more.

@pip_seeker, IBM was only one particular thought that came to mind while I was typing, since IBM and AMD have had some business ties. If all of what came out at TechReport and is appearing elsewhere is true, I can't begin to guess where the stock price will bottom.
 
my sell amd and buy intel trade is looking all better and better - research me you see i said the barcie was doomed months ago - the mobos do not work amd blamed bios

well all this is boring the stock is at 9.50 or so last i looked - what now?

amd can make 2nd rate dual cores for while - they might try a 800 series 2 dual core chips in a package as intel did 2-3 years ago!

the amd EE 840 - i can see it now " amd buys the 840 dies from intel" and technology to build quad core's mandated by the EU

amd stock will not go down too much due to the ati turn around - ati has some good stuff and the nvidia intel war is real the news is - lets get off the barcie failure amd will fix it eventually
 


Why Dragonsprayer, is that really you? Cause you're sure sounding generous to AMD at the moment.

I do hope your right about the ATI cards helping AMD sufficently to turn things around. Even though I'm a bit ticked off at AMD at the moment, I don't want them to disappear completely. Besides, if AMD did die, half the bickering on this forum would disappear and a lot of people wouldn't know what to say after that.
 
I suggest you all have a look at the front page, AMD are being propped up by national governments. This is bad as well as some what embarrassing if you’re the managing director of AMD.
 


And the auctioneer calls out, "Do I hear 9, do I hear 9? Do I hear 8, 8 anybody? Ah, how about 7, is there a bid of 7? Is anyone bidding?

So at a market capital below 5 billion. Isn't that less then AMD paid for ATI? Might that mean that its the ATI division alone which is giving AMD its value? That could be taken to mean AMD has no value. This is sad.
 
I say this much. AMD does not have "real" cash on hand. If you consider the debt then its pretty much just nothing.

AMD is going to lose sales now and their stock keeps dropping even when the entire market is up. Thats just sad.

Either way AMD is in a sinking wooden ship while Intel cruses by in a battleship waving.
 
All I can say is I hope it is still in the $8 range in January as I have some CD's due then and would love to pick up more shares.

They own alot more products than just CPU/GPU (good amount of cellphone items for one) and have just started to ship their new early GFX cards.

They are also revamping the K8 line @ 65nm while droping the top two lvl CPU's in that line and bosting the others 100Mhz at the same time.

I for one wish they would use the above and crank out some more skt 939's as they could sale alot for those who built out on that system 2-3 years ago and just want a fast cheap upgrade that will keep up or even pass the new systems in many respects.

They seem to be on time with their projected NM build out and part of that is 45nm by early 2009. They are working with IBM and the game plan from last year is 22nm by the end of 2010.

The more shares I pick up cheep just means that after saleing off most for fast profit I still have share left over that are "free" and by this time next year even those shares which I bought that need to pass $14 will provide a very nice return.

 



Uh...unless AMD snuck in the back way to NM, there is no AMD fab being built here.
The INTEL 45nm fab is being built here, yes, and should be ready around 2009, I guess.
 


ah the joy of being vindicated, phenom oem machines ftw

http://www.techspot.com/news/28827-gateway-introduces-new-phenomusing-desktops.html
 
Exactly mate, most here got caught up in believing their own doom and gloom. I said they were turning it around and they certainly are according to the q4 numbers (when i saw them my first thought was this thread). That was the trend in their numbers as of q3, not some wild guess.
 
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