Advanced Micro Devices Inc (AMD)

[chipguy]

JSIII would be proud

http://finance.yahoo.com/news/analyst-amds-executive-bonuses-unbelievable-141556944.html

"We suppose this could also be one last-ditch effort to "align management incentives with shareholders," but at this point it seems far too late for that," Rasgon said.

Following layoffs earlier in 2015, the company is working on additional cost cuts in order to bolster the balance sheet, even as the business appears to be collapsing. "As such, we find these types of large payments, once again, to be extremely distasteful," Rasgon stated.

The analyst believes that the size of these grants indicate that the management and the Board of Directors do not have the interests of the shareholder at heart, while viewing these grants as a sign that things are continuing to worsen at AMD.

"AMD is at a tipping point, with their core PC business under significant pressure from a weak market and increasingly poor competitive position," Rasgon added.