Replies to post #63044 on Advanced Micro Devices Inc (AMD)

[DARBES]

intel is in the unenvialbe position of fighting a losing holding action against AMD on several fronts.

[wbmw]

Re: how much money have they spent in share repurchase and eps still hasn't gone up.

What an incredibly ignorant statement. Care to look at Intel's EPS growth over the past 5 years?

 
 Year  Income   Shares  EPS 
 2000  $10,535  6,986   $1.57  
 2001  $1,291   6,879   $0.19  
 2002  $3,117   6,759   $0.47  
 2003  $5,641   6,621   $0.86     
 2004  $7,516   6,494   $1.17  
 2005  $8,847   6,144   $1.44

* In Millions—Except Per Share Amounts
* 2005 EPS based on average analyst estimate
* 2005 shares based on Q2 results.
* 2005 income based on calculation of 2 previous results

From the figures, you can see that in only 5 years - a relatively short time for a large-cap stock - they managed to buyback 12% of the shares that were outstanding. That's quite an accomplishment for a company with almost 7 billion shares on the market at the time they began. Not only that, but plenty of analysts have them pegged for beating their year 2000 EPS next year.

To say that either stock buyback has counted for nothing, or that EPS "hasn't gone up" is in very short supply of the facts.