LOS ANGELES (Reuters) - The White House this week told U.S. federal agencies to stop specifying brand names in procurement contracts, a practice it says leads to higher prices for everything from paper clips to personal computers and hurts the livelihood of smaller vendors.
The memorandum from the White House's budget office was hailed on Thursday by Advanced Micro Devices Inc. (NYSE:AMD - news), which has complained to governments around the world that contracts specifying computers made with Intel Corp. (Nasdaq:INTC - news) chips have led to higher PC prices for taxpayers.
Wow! You found an analyst with a bearish view. Amazing.
It's not anything "amazing" at all. Simply an evaluation of the data. Well, I guess I shouldn't be surprised that in a some similar hypothetical situation, some people, might think that evaluating the data, and coming to the obvious conclusion, leaves "others", in a state of amazement. But perhaps that might simply be because, "they", instead of living in reality, are living in some sort of AMD Fanboy Fantasy Land. So that hypothetical person's amazement, wouldn't surprise me a bit. But for arguments sake, let's go ahead and look at more than 1 analyst.
If we use a common standard that a "Hold" recomendation is neutral, and lower is "bearish", and higher is bullish, then that would actually mean, that 22 Analysts are neutral on AMD, vs. 6 who are bullish, and 6 who are bearish. And it doesn't seem to have changed much at all in the last quarter.....
Seems pretty clear to me, which company Wall Street thinks is the better bet. Probably anybody reviewing the data can see that too.... I mean of course, anybody, NOT looking through AMD Fanboy Rose Colored Glasses, that is.
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