Your guess could be right if flash sales stay soft...if the Nor flash market is down 10% and Intel takes 10% of market that means AMD would sell only $400 million in flash and probably would take losses there...I guess you would have to say that the stock price movement would be based on future expectations going forward than current earnings per quarter...I think the market might be shocked one way or another in January and its hard to say...I have to laugh really hard when everyone says Intel is going out of business...all the manufacturers from Asus to HP are making tons of Pentium M laptop computers...if the analysts keep knocking Intel down to $20 I would be buying for a positive upside after earnings report...
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