Advanced Micro Devices Inc (AMD)

[bobs10]

bobs, while I think you´re overly optimistic, there´s nothing wrong with that if you can live with dissapointments


Me...

What kind of disappointments are you thinking of? Having owned a rather large position in AMD for about 7 years now, I'm thinking anything less than bamboo shoots under the fingernail is less than some of the pain already endured.

Really, what is your idea of disappointment? I'll go first.

I would be disappointed if AMD's stock price wasn't at least 50% higher next year at this time. I would also be chagrined if AMD didn't have 25% of the market and margins close to INTC's with the Spansion adjustments included (Spansion is going to do a lot better). I didn't give INTC's current margins because those are going to drop a lot. I would also be disappointed if AMD didn't have about 25% of the server market. I also expect AMD to still have the design lead in servers with Horus and Pathscale systems beginning to challenge the market for big iron. I also expect AMD to have at least 30% of the notebook market.

I would say more, but I've already provided a ton of ammo and opened myself up completely to the daughters/sons of Satan. But you get the idea, I don't think INTC will present any obstacles to AMD's progress. First quarter next year should give a pretty good idea of what defenses INTC is able to mount to the AMD juggernaut.

Of course the disappointments I've listed would have been cause to cheer a few years ago. My how things have changed.