An irreverent look at Wall Street
where do you find your pictures?they are amazing....what are your thoughts with AMD?
I think the selloff on that is over
Barclays this am on AMD: Here's some commentary on AMDAMD And Intel Legal Update Timothy Luke * Ahead of AMD's analyst day on Wednesday, we update on AMD and Intel's legal disputes. In general, we consider that a potential settlement in the lengthy dispute between the two parties, possibly ahead of their March 29th 2010 court date in Delaware, could prove a beneficial opportunity for AMD given the strained state of its balance sheet (net debt of $3. 1B) and its desire to renegotiate a new cross licensing deal with Intel (expires January 2011) and potentially divest its Globalfoundries holding. While visibility on near term trends may be limited and competitive pressures remain fierce, we maintain our 1-OW on AMD with new product roadmap (notably for servers) a key focus for analyst meeting. We would also expect some commentary from AMD on the legal process.
thanks for bringing this up...a year and half ago i was at a wedding and met a lawyer who was working on this amd/intel case and said a couple years from now (he did mention 2010) there is a high chance AMD will win.i'll monitor this stock for a little...they might pop tomorrow with the meeting but i missed it at $4.5Thanks Palmoni!
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