Advanced Micro Devices Inc (AMD)

[facsnotfiction]

AMD Shorts running scared
As of October 15, there were just over 38 million shares short of AMD. Based on yesterdays volume without any significant news, I would say quite a few more shorts were forced to exit their failed strategy. I guess they finally got the clue that AMD is not going under, and will return to profitability this quarter. AMD's Opteron is mopping the deck with Xeon on benchmarks, and keeps adding to it's design wins. The A64 FX51 is the top desktop chip available, scoring better than even the Extremely Expensive Edition P4. And to top it all off MSFT picked IBM for it's next XBox instead of Intel. Looks like IBM is trying to send a message to Intel. The tide has turned and AMD is now back in the driver's seat. I guess INTC must be having issues with 90 NM since earlier this year INTC indicated Prescott being available in Q403.