Advanced Micro Devices Inc (AMD)

[bobs10]

A cursory glance

At AMD's excellent results seems to indicate a company in a fixed cost business running flat out. However, a deeper analysys reveals that the real reason is that INTC is FUBARed.

Things not to buy.

1) INTC will soon have NGA product competitive with AMD.
2) INTC is capacity constrained.
3) INTC has world class yields.
4) The move to 65nm is going much better than expected at INTC.
5) INTC will soon have its' chipset supply problems solved.
6) Platformization is the cure to all INTC's ills.
7) INTC is not a fatted pig ready for slaughter when compared to AMD.
8) The ASP disparity between AMD and INTC will not disappear.
9) AMD is going to remain capacity constrained.
10) Otellini has a plan for INTC that will revive INTC's fortunes.
11) Barrett was the best CEO INTC ever had, none of the decisions made under his term have anything to do with INTC's current problems.
12) etc. etc.