Thursday, October 23, 2008 12:49:02 PM
Unbelievable.
<<
I think that AMD's price collapse resumed after casual speculators (sometimes called investment fund managers) had time to figure out what we had been saying here about the fab sale. It is too far away to help in the short term. And in the longer term it is not really reasonable to assume that Abu D will absorb losses for the sake of making AMD look good.
I found it curious that there does not appear to be a penalty clause if Abu D delays the NY fab.
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