Advanced Micro Devices Inc (AMD)

[HailMary]

edit
I see you guys have already covered this, but I'll leave my post as is since I provided a link and page number to look at. My thoughts are the doubling is not bit doubling. They bit double every year without expansion, so I'm pretty certain they mean true capacity doubling, but you do have me questioning some of this now.
end-edit

I don't know if you guys watched the extremely boring analyst conference last week, but one of the slides showed that they plan to double flash capacity by this time next year. This certainly doesn't help now, but they are doing something at least.

Look at page 16 of this pdf:
http://www.amd.com/us-en/assets/content_type/DownloadableAssets/FINAL_2003_AMD_Analyst_Day_Bertrand_....

An excerpt from page 19:
2004 Objectives
– Near doubling of manufacturing capacity to support growth
– Accelerate MirrorBit deployment
– Leverage merged AMD & Fujitsu Flash business

So if flash has a couple of boom years in 2004/2005, AMD should be in great shape, regardless of processor stuff.

I'm following this company very closely now that I have greatly increased my stake.

HailMary