did you ever hear me say to sell or i sold the stock?....thats what i thought....i stand behind everything i said and i will repeat it for you the bounces were excessive and not deserved ..they make no money on gamming chips and third quarter revenues are a disapointment ,,,this stock would have already been over 6 dollars if managment would have delivered the goods...they acted like they did in the cc but as you know they didnt.....but still took the options...im here because i belive the company is worth more than 3 billon dollars and i have no problem with the 2 billon debt they have almost a billon in cash....i am not here because i think rory read is some kind of great ceo.....the server share and pc share has suffered under his tenure.....is a value investment for me not a love affair
this stock should be 6-7 dollars by xmas......right now the stock is very stable over 4 dollars and we have a very large short intrest that will have to be cover....i think the same hedge funds driving the price down are also accumulating the stock....sooner or later they will be done accumulating and the want to drive the price up.....AMD has lowballed 3rd quater estimates which will allow them to beat the street ..according to the last cc cash will rise about 50 millon to over a billon dollars and inventories will be lower which will set the table for a good 4th quater....i expect the noise made when ARM servers ship and the new design wins something that will scare the shorts off the shorts...there could be another shakeout around the quarter but we will finish strong...at that time it may make sence to take profits.....what kind of traction they get in the server space in the next few months will determine how long i hold....but right now i see a undervalued stock with minimal risk
its funny how a handful of people on this board wants everybody to think rory is the greatest....I have even heard them say the new ceo is turning it around.....the man has been here 3 YEARS...and server sales have slipped to almost nothing since he took over.....even with seamicro amd only has 5-6 percent share...I think Feldman was the fallguy but the buck should stop with read...he has to bare some responsibility bonuses of that magnitude weEr out of line at NOT EARNED
your kidding right?.....I have followed amd for many years and can not recall the 3rd quarter sales only 2 percent over 2nd quarter in a long time.....and he told us to expect 3rd quarter high water mark for gamming.....and he acted like nothing was wrong...he was trying to justify the bonuses and belive me 3rd quarter projections are a train wreck
no the debt swap was not included in the 2 cent gain they LOST money if you include it which they should we made 2 debts pro forma but ended the quarter with 50 million less in cash
hey vic 3rd quarter revenues will be FLAT from a year ago and 4th quarter will probually be LESS than LAST year....I would not focus on first and second quarter numbers that's history
we dont see 35 percent as our PROFITt margin that is our GROSS margins are PROFITmargin is around 1 percent and clearly gamming is less than that..please cut and paste the mid teen PROFIT MARGIN all transcripts are on there website
what are you talking about cherry picking facts.......im supporting with facts the statment i made they make no money on gamming ...they have very low margins.....this statment has nothing to do with there turnaround it adresses gross margins on gamming chips
Ross Seymore - Deutsche Bank - Analyst
As my follow-up, on the gross margin side of things, to the extent you are guiding at flat sequentially, what are the dynamics that allows that
happened? It seems like mix is going to move very largely in favor of your semi-custom gaming SoCs.
Is that still carrying a lower -- substantially lower gross margin? Or is the gross margin improving on that side? Or, is there some other mix dynamicsDevinder Kumar - Advanced Micro Devices, Inc. - SVP and CFO
As Rory said earlier, we do see the peak from a semi custom unit standpoint in Q3, and obviously as you observed, the gross margin is lower than
corporate average. However, we do have the offset of the projects that Lisa just talked about.
In embedded we have momentum, professional graphics we have momentum. Some commercial PCs. That, obviously offsets and allows us to
guide to reflect gross margin compared to the last quarter.....cut and paste from there website...where do you see 10 percent profit in gamming
you replied to my post yesterday calling me a intc clown shill a dope idiot and stupid....did you expect me to respond to you with respect
well said ....you are right the stock will move in advance of the results....we dont know exactly when INTC will be on 14nm and how the yields will be and we dont know how GF and samsung are doing.....im just hopeing that gap is closing...IMO this would be big news
i am an investor not a chearleader...yea im long moron that doesnt mean i dont think AMD has things they must improve to get us to the next level.....i mentioned them all in my post the most important thing to making money in stocks is sales and earnings growth ...when those two things happen the stock will fly.....and why wouldnt i not be dissapointed about 3rd quater sales projections...your not?....my posts lays out the best way i think amd can make alot of money and that in a nutshell is get on the same node as INTC this will take away the long term advantages they have had against us
i like the strategy ...i like that they will have a ARM server and INTC wont...ambidextrous sets them apart from AMCC ....what im worried about is the DEMAND for the product...we will see how it sells in q4...and hopefully they will have good margins.....
hey furphy where is your proof there making money on gamming?...amd stated in the cc there gross margins were less than 35 percent in gamming....am i missing something here?......they made 2 cents before charges in q2 and belive me the high end cards is the only reason we made anything at all....
lets face it folks all the pumping of a buyout is nonsense...google amd buyout people have been spreading these rumors for forty years...there are many reasons why AMD has not been and will not be bought out in the near future.....we were overbought at 4.80 and oversold at 3.60 there has been some short covering and were sitting at 4.12 ...increasing sales and profits is the only way AMD can improve long term share price,,,,sure there will be news drivin spikes and sellofs but long term profits is the answer.....there has been speculation that AMD will be reciveing money from intc when 64 bit license expires...not gonna happen folks please do your dd on this topic these companys have cut deals with each other there will be no royalty checks....and the only people saying there will be is the pumpers on this board....AMD has entered into solid state drive buisness...this should help sales a little but will do nothing for bottom line...stiff competition there....looks like ARM servers will also add very little to sales....lets face it every major player that thought about entering that market is out....SAMSUNG NVIDIA QUALCOM ...AND CALEXEDA went out of buisness...AMCC has partnered with DELL IN tis space and dell says they see no demand right now for ARM server......lets face it folk X 86 is superior for servers hands down.......the real problem is this something AMD did not want to talk about much in cc.....the manufacturing process is the key...a smaller die size affords you a huge cost advantage at the same time allowing you to run faster at cooler temps...unless AMD can manufacture there products on the same node as INTC they will never be competitive with INTC......INTC is having trouble on 14 nm and this may be are best shot of turning these around.....the longer they delay 14nm the closer the gap closes...i got my fingers crossed.......people that think gamming in china is the answer are also wrong....AMD makes no money of gamming chips LISTEN TO CC
read has been here 3 years ...i wouldnt call that new managment .....im pretty sure they are already in some tvs and 100 a share?....would you pay 100
it was short covering ..the buyout #$%$ is getting old...we were oversold and got a short covering bounce