Advanced Micro Devices Inc (AMD)

[HailMary]

I think we need a couple more sources before we can assume Merom/Conroe/Woodcrest is in some trouble. Most sources to date have said it is on track or ahead of schedule. I would love to believe this article that Merom won't be out until September and then only at 2.33Ghz because it would allow me to hold my long term AMD position longer. My only fear is Intel's next gen cores, and if they are showing some signs of problems, then AMD is in the clear for 2006, 2007, and probably beyond.

If AMD maintains their performance lead in desktop and server and is at least somewhat competitive in mobile, I can see the stock trading $75-100 by this time next year. A few more signs that Intel's next gen. isn't as good as hoped for Intel, and the $75-100 may happen even sooner.