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6 pts

Opinion on  Advanced Micro Devices Inc (AMD)     Sector: Technology  >  Industry: Semiconductors
AMD is a sell given Intel will be countering Barcelona

Apr 13, 2007 05:44 PM GMT
Return Risk
-3.87% HIGH
Analyst

Yes, I realize AMD is at a very low speculative bottom here in the 13's but I just think it is going to get alot worse before it get's better.  Now it could very well be that yes, all that bad news is already priced in.  But even at these low levels Intel will be giving AMD pain month after month until Barcelona hits strong volumes at the end of the year.  Even then, Intel is countering Barcelona with solid chips so it is also possible that Barcelona will have a difficult time stealing back the market share Intel will grab throughout all of 2007.  Difficult call given AMD's seemingly oversold status, but the hat still tips to sell. 


AMD:  This call was made on 04/13/07 @ $13.41
Rating:   Negative   $13.41 (04/13/07)
Closed:   07/09/2007 @ $14.71 (-9.69% in 87 days)
Target:   $11.00 (-17.97%) in Three months


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