You...
The stock is still within a buck or so of 4-year highs. Look at it this way-- the IPO is probably going to happen in the next couple weeks. Feel better? :)
Me...
Personally I don't see the imperative to get the IPO done this year. Perhaps AMD wants to start 06 with a clean slate? Considering that it's almost December and the Holidays are looming it's more likely that the thing will be put off until next year, but who knows? I suspect the banks/brokerages want the thing done to help their year-ends, but what's the rush otherwise? Especially, if things are only going to be getting better at Spansion as it appears.
What I was complaining about is this quarterly reincarnation of the run at AMD. There seems to be a group out there that tries to pump up the stock every quarter before deflating it. It does look like others are waking up to the situation and are now using it to add to their AMD positions.
If I'm right about this AMD should remain under pressure for awhile longer.
In any case this drop has absolutely nothing to do with Spansion not getting profitable in q4. Just a convenient pretext for those looking for reasons.
News 
Market Data 
Discover 
AI
