the only reason they were talking about rebranding is because the new architecture has been late to arrive.....this article now states a june timeframe which is much later than expected...hopefully they will have volume production soon after its arival.....the 200 series are just aging and the 300 series are WAY overdue....the reason they are keeping a tight lid on things is that the product is comming out much later than expected
they will lose more than 6 cents a share this quater.....they are still cleaning the channel ...sales are way to low to come that close to break even....
i would agree that reed pened some really raw deals for AMD with gf .....payed way to much for sea micro....stuffed the channel to make sales look good ...really left this company a mess IMO.....however the company has great potential and has always had big runs in new product cycles....we will see new architecture in gpu and cpu within the next 18 months,,,and i think we have a keeper with lisa...only time will tell
i think what you saying is factually true.....but the reason why is you dont have a short postition if you do ...lets hear your position....were you shorting when pesse was short....cause he didnt think he would be covering either..lol
for christ sake i belive they got a sell rating on the stock...belive me folks this is pure short covering .....we may go alot higher ...but we will pullback and consolidate after this big move
you are an idiot.....what is going on is called short covering....you helped push the price up....when AMDs fundamentals are strong again it will be time to sell not buy you have no idea how to invest in stocks....i am thinking of starting a 17x 17 club.......want a membership...lmao
oh so now you didnt get stopped out....lmao....you have no credibility on this board and nobody that follows this board would listen to you.....you are fixated on AMD going BK...i belive you are a x emplyee with nothing better to do than hope for the company that fired you goes bk.....please explain to me how you shorted 100k at 2.45 and 50 k at 2.75 and have a average of 2.65
nothing has changed fundamentally amd boost its cash to over a billon dollars and cut inventories 200 millon while maintaning 2 billon in debt.in the recent quater.....the only thing that has changed is sentiment shorts are starting to cover and this is raising the stock price shorts are figuring out that AMD is not going bk anytime soon and many are giving up......if youve been reading the thread you seen that pessi took a short at 245 and stopped out at 265.....look for 15 to be a solid year with amd making a run in 3rd and 4th quater 2016 and 17 will be the big years as AMD gets on the same node as intc and zen arrives.......patience will pay off for longs imo
down 8 percent not including intrest and broker fees....in what 2 trading days?....how come he didnt scale up on his short?......cause hes scared to death of amd...he had no conviction in his trade.....this is pathetic and a lesson on how not to trade
im not a fan of carrying goodwill on the books for the sake of boosting shareholder equity....the only important things to me in these earnings reports is cash debt and inventories....everything else is accounting tricks....sales are down because they probually have recognized revenues on channel inventories and until the channel in unstuffed sales wont grow ..imo
regardless of the headline number AMD came out of q 4 with 100 millon more cash and over 200 millon reduction in inventories.....q1 is gonna be a rinse and repeat of q4....its gonna be a cleansing of the balance sheet by moving more inventories and writing off remainder of goodwill ....but according to cfo they are expecting to end quater with cash pretty much unchanged........going into q2 which is the slowest quater the channel should be healty again and sales will improve for this reason...im not expecting a very good q2 but i do think AMD will have a good second half of the year ...we should be shipping new graphics and carrizo in volume in q3 ...channel will be light and this will allow sales to grow and cash should grow in second half......the smart shorts have covered but there are still many that are waiting,,,hopeing on a bk.......thats not gonna happen .....AMD will not go much lower from here ...