Advanced Micro Devices Inc (AMD)

[bobs10]

you...

This reminds me so much of the 2000 AMD runup. Then, as now, institutions were accumulating. I remember their ownership reaching 96% of AMD's float. (Speaking of the float...whatever happend to the 25%, or so, shares that were not in the float?) I also rememeber just as the institutional buying raised AMD to the heights there selling pushed AMD into the cellar.

me...

Yeah, things really are a lot different this time around. Back then AMD was basically a one trick pony, with little presence in either the server or laptop markets. Further, AMD was a perennial underdog to INTC's manufacturing abilities, both in capacity and acumen. Add to that the interconnect technology AMD has created since then, along with the on-board memory controller INTC still doesn't have, and the only thing surprising is that it's taken so long for the market to wake up to the changes.

What's going on is no fluke, AMD has done its' homework and is now in the process of reaping the rewards. As an aside, it also doesn't hurt that INTC seems to be continuing its' fumbling ways. It really is amazing the way little AMD seems to have INTC's number. Makes you wonder who the road-kill is?