Tuesday, September 23, 2003 9:05:33 PM
Well, September 23rd has come and (nearly) gone. Here's the way I see it:
The Athlon-64, FX and Mobile launches seem to have gone extremely well. The performance is remarkable and should be able to scale up to higher frequencies, with higher percentage frequency gains than Intel will muster with Prescott. The utility of a processor/system that supports 64-bit operations will not be lost on anybody that thinks they need more computing power or dreams of future capabilities. Hell, I'd get one just to have Acrobat Reader more responsive!
The stock price, as expected, surged on rumours and dipped on news. Ruiz has quelled expectations for a huge positive advance in financials, but the background seems to point to some advance. AMD stock price often displays a muted response to really good news. The large funds that make most of the market action in AMD take a while to digest the results.
AMD will have their hands full just to fill demand of Opteron and Athlon-64. Microsoft will be ready when needed. Enough launch partners are about; AMD can't service what they have, let alone a lot more. Yet Sun seems to be getting ready to offer Opterons. And the IBM advertising blitz is not far from here.
With AMD I see points like this as upcoming buying opportunities. This opportunity will be short, with a dip (on no new news expected) probably into the mid-11's to high 10's within the next two weeks. Once October arrives in earnest, though, there will be software announcements for Christmas sales and visibility due to IBM's e325 push. So the stock should resume its advance in full form by mid-October.
Anyone care to critique? I'm not a paying member, so I can't link back to my previous synopsis message, perhaps someone can do a search on it. I'm sure wbmw still has the infamous $6.20 buy recommendation bookmarked :).
Recent AMD News
- AMD to Report Fiscal Third Quarter 2024 Financial Results • GlobeNewswire Inc. • 10/16/2024 01:00:00 PM
- Intel and AMD Form x86 Ecosystem Advisory Group to Accelerate Innovation for Developers and Customers • Business Wire • 10/15/2024 05:00:00 PM
- AMD Expands Alveo Portfolio with Launch of World's Fastest Electronic Trading Accelerator in Slim Form Factor for Broad, Cost-Effective Server Deployments • GlobeNewswire Inc. • 10/14/2024 01:00:00 PM
- BP Signals Rising Net Debt; Tesla Slumps; Stellantis CEO Announces Retirement; Berkshire Trims BofA Stake, and More • IH Market News • 10/11/2024 10:31:49 AM
- AMD Launches New Ryzen™ AI PRO 300 Series Processors to Power Next Generation of Commercial PCs • GlobeNewswire Inc. • 10/10/2024 06:01:00 PM
- AMD Delivers Leadership AI Performance with AMD Instinct MI325X Accelerators • GlobeNewswire Inc. • 10/10/2024 06:00:00 PM
- AMD Launches 5th Gen AMD EPYC CPUs, Maintaining Leadership Performance and Features for the Modern Data Center • GlobeNewswire Inc. • 10/10/2024 05:59:00 PM
- AMD Unveils Leadership AI Solutions at Advancing AI 2024 • GlobeNewswire Inc. • 10/10/2024 05:58:00 PM
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- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 09/17/2024 08:21:52 PM
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- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 09/11/2024 08:19:11 PM
- AMD Advancing AI 2024 Event to Highlight Next-gen Instinct and EPYC Processors and Expanding Solutions Ecosystem • GlobeNewswire Inc. • 09/10/2024 01:00:00 PM
- AMD to Present at the Goldman Sachs Communacopia and Technology Conference • GlobeNewswire Inc. • 09/04/2024 01:00:00 PM
- AMD Appoints AI Industry Veteran Keith Strier to Expand Global AI Capabilities and Engagements • GlobeNewswire Inc. • 09/03/2024 08:15:00 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 08/22/2024 08:13:14 PM
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- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 08/20/2024 08:26:54 PM
- AMD to Present at the Deutsche Bank Technology Conference • GlobeNewswire Inc. • 08/20/2024 08:15:00 PM
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