Advanced Micro Devices Inc (AMD)

[dhellman]

The last 2 paragraphs should be noted by we droids, as we have taken great heart in Hickey's views when noted by Herb Greenberg:

Still, AMD has disappointed investors so many times in the past that Wall Street analysts may be in a show-me mode regarding its new chip.

Mr. Hickey is not recommending that investors buy AMD shares, which are up 117 percent this year. But he is concerned that Intel holders, aided and abetted by Wall Street, may be discounting the AMD challenge. That is their prerogative, of course. But, with Intel's shares trading at 44 times earnings, it certainly is a brassy one.

d