If you consider how many Chinese-made microchips are in the smartphones of Obumma and the other so-called lawmakers - Congress should ban possession of China-made smartphones (i-phones) on security grounds! Back to the stone age!!
I take China money as well. If the management doesn't deliver, it's just fair that this pig is bought out. If Mc Cain wants to block the bid, he should convince Obama to make a counterbid against the hinese! Mc Cain should by now know how capitalism worjls!
The self-proclaimed defenders of US moral supremacy such as Mc Cain will do everything to block this on security concerns. As a shareholder I would like this deal to be firmly committed by the Chinese and then they can review it on security grounds,. Bur rejecting it outright woulfd be a violation of fiduciary duties by the BoM.
So at least, if that happened, we would get a fairer value for MU than the 15 bucks per share which are ridiculous. And maybe there would even be a counterbid by INTEL if Tsinghua submitted a bid for 25.
Nothing happening at AMD, they are enjoying their vacation and give a damn s... on shareholders. It's time to mess up this bunchh of ignorants who produce nothing but losses!!
Reading the forum it appears that AMD is reviving the spin-off, cash infusion (bu -whom?) or going private - rumors - more details were not disclosed - I think however that something significant will happen over the next weeks as the business is not sustainable and the shares are completely manipulated. I hope they go private but if that is positive for shareholders remains to be seen!
so when will the buyout of this "precious"company happen? I think first week of September we will know more -
I expect an offer of 3.80 pps and the file will be closed for ever - thank God hope this buyout thingy will happen , maybe the Chinese who could't afford Micron could opt for AMD - it's already in Chines hands , but these are not doing any good to the Company!!
I don't know how these guys can justify their remuneration when facing shareholders - it's a real disgrace - it reminds me of a criminal syndicate with the intent to steal from shareholders - why can there be no motion to dismiss these parasites? US law should allow to prosecute these gangsters who violate their fiduciary duty to shareholders!
according to Alex Cho - he predicted $3.85 pps already 4 months ago and came out with a new SA article 3 days ago? Should we believe him? I don't think so - year end pps at 1.60 and SU will be fired - that's my outrageous prediction for the rest of the year!
This smells like Lisa SU has thrown the towel, the board is clueless what to do now and the info has leaked to the banksters who inform their clients and advise them to sell! Let's see!
Bad news is pilirng up - Moody's downgrades to two notches above default - SU needs to come up with some ideas to stem the flood - a sale of this company is increasingly likely - however the premium will be ridiculous thx to the devastating actions by Management which have cost 2 billions in lost capitalization to shareholders or 2.50 over the last 12 months!!
I just wanted to follow up on our mail exchange earlier. You stressed your commitment to create long-term shareholder value but since you are CEO, we have gone from 3.18 to 1.62. This is an atrocious achievement and I cannot understand how you can publicly claim that you are committed to lt - value. Does that in fact mean, that we have to wait for 5 years before we see any improvement? I refer to one of your recent interviews where you said 5 years isthe period of judgement. However this should not excuse the fact that AMD is now trading close to banktruptcy level and Mr Devinders staement during the earnings call was not reassuring at all. there will be another cash burn of 130m in Q3. This init itself is allarming and attracts short positions on your shares.
I hope you are working towards a sustainable solution for AMD which will stabilise the share price and the Company. But your public appearances and interviews have indeed been very disturbing and provided ammunition to investors who bet on a further weakening of AMD.
I find it very sad that AMD has been propelled in such a catastrophic situation. Unfortunately I am not at all confient and optimistic that you are the right person to create lt-value. The first 9 months have imposed a lot of pain on shareholders and ypou lost the trust of the investing community. Just take a look at the Yahoo messageboard and you will see what people think about your @results@ so far. I don't mean to be offensive but I have lost complete confidence in AMD prospects under your management and I am one of very many. It is now up to you to provide a decisive turnaround and boost the Company's value , but this will probably be wishful thinking and I have to walk away with huge losses!
A very disappointed and sad shareholder
no spike like last time in 2012 - shows us how desperate the whole situation must be - no info frm management, no new strategy, no takeover or buyout - just waiting patiently till the cash is completely burnt - the Arabs on the board may alo explain its passiivty - I bet they don't have a clue of the business , their job is just to enforce the wafer supply agreement with GF to suck the little cash out of amd THAT STILL REMAINS!
You can bet that the Management of this Company and CEO SU won't do anything to increase the share value of this company. It is a disgrace how this woman is allowed to ruin shareholders and employees who will finally be axed!
but is unlikely because it is composed of dumb retirees who love to enjoy a free lauch at shareholder expense! However, if this board were professional, they would give SU another 6 months to bring the share price back to 3.50 or put the company up for sale - before they run out of cash!!