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Monday, 02/28/2005 4:37:37 PM

Monday, February 28, 2005 4:37:37 PM

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http://www.business2.com/b2/web/articles/0,17863,1032510,00.html?promoid=yahoo

Why Do AMD Investors See a Flash of Hope?
By Eric Hellweg, February 28, 2005


When I think of AMD (AMD) investors of late, I'm reminded of that old joke "Take my wife ... please." Desperate as they are to get AMD to dump its money-losing flash-memory division, on Thursday investors bid up shares 6 percent on rumors that the company was doing just that. The stock price rose despite new rumors that same day that Dell (DELL) wasn't planning to buy AMD chips.

Then Friday morning brought the news: AMD wasn't selling its flash unit, and Dell didn't want AMD chips. It's hard to tell which information hurt more, but investors continued to push the stock up anyway


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