Intel Corp (INTC)

[chipguy]

Nice call.

"So in a span of LESS than 24 hours, AMD drops the price from $17 to $13.50 or about 20% (they were so sure to get the $17 price, they issued S-1 stating so, last night). You don't think they were a little "disingenuous"? Nah. BTW, that is $129 million of AMD/Spansion's money that just flew out the window. Yes, things can change in under 24 hours, and we still have 24 hours more to go!"

http://www.marketwatch.com/news/yhoo/story.asp?source=blq/yhoo&siteid=yhoo&dist=yhoo&gui...

"Spansion IPO prices at $12 a share
Increases offering to 42.2M shares from 39.2M

SAN FRANCISCO (MarketWatch) -- Spansion Inc. Thursday evening had its initial public offering of 42.2 million shares priced at $12 each, raising $506.4 million.

The pricing came in below the expected range of $13 to $14 a share, which was lowered from a range of $16 to $18 a share earlier in the day. The offering of 42.2 million shares is up from an earlier proposal of 39.2 million shares."