Advanced Micro Devices Inc (AMD)

[bobs10]

Whatever happened to the calm before the storm?

Earnings are always volatile, but this one has been a walk thru a fire-pit. Another day of huge volume and a price direction reversal, for AMD. As I expected going into earnings a nimble person could have done very well over the last few days. However, from my point of view I probably wouldn't have changed anything considering the risk of having to chase AMD if earnings perform the coup de gras I expect. There are just too many things going on right now with AMD clearly exerting a very disrupting influence on the entire silicon industry. Turning points are always volatile with lots of very opposing opinions, but it is starting to look like the market is awakening to the notion that AMD might have more than a little to do with INTC's problems. Hopefully todays earnings will reinforce that train of thought.