Advanced Micro Devices Inc (AMD)

[kpf]

Buggi - outlook

Hi there. Welcome aboard - hope you are ok.
Als for Flash and Fab25 - I just recently learned from a posting here that there is currently no Mirrorbit produced in Austin. From w:o you already know I never was a flash-hypester, now not only my production model for FAB30 is doubtful since couple of weeks but output in Bit-shipments from FAB25 were obviously miscalculated as well. In result, I am expecting nothing much better than the street for the next two quarters. That is - still a lil bit better. Plus there is still a lot of short interest in the stock - so any upside-surprise plus some flash-squeeze could very easily catapult the stock into the teens in just some weeks- maybe coming back to a p/e-valuation instead of a discounted bookvalue-pricing.
Would be not the very first time to happen.
OTOH, taking into consideration what AMD has put on the agenda of s/h meeting for conversion of stock option strike prices these guys are maybe not really interested in a short-term recovery as they have an opportunity for their own pockets to ride the wave out from bottom to top - but only after May 1.

K.

p.s: Reminds me I promised you to mail you the model-file.
And: I sure owe you that "bottle on the beach" from our ASP-bet.