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Windsock

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Windsock

Re: None

Thursday, 11/12/2009 5:23:33 PM

Thursday, November 12, 2009 5:23:33 PM

Post# of 151823
The market reaction today in response to the antitrust settlement is very interesting. INTC closed down 0.16 and was basically unchanged. The antitrust settlement had virtually no effect on the value of INTC.

AMD closed up 1.16 after it received 1.86 per share in cash from the $1.25 billion settlement payment by Intel. The increase in stock price was $0.70 less than the cash added to AMD's value. It almost seems that the net effect of the settlement was that AMD's stock value decreased in price.
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