Replies to post #23226 on Intel Corp (INTC)

[alan81]

Yes, it is this kind of move...
Smart, Shrewd, and MEAN that drives people to hate Intel...
But it is VERY good business.
--Alan

[pwLitespeed]

So in a span of LESS than 24 hours, AMD drops the price from $17 to $13.50 or about 20% (they were so sure to get the $17 price, they issued S-1 stating so, last night). You don't think they were a little "disingenuous"? Nah. BTW, that is $129 million of AMD/Spansion's money that just flew out the window. Yes, things can change in under 24 hours, and we still have 24 hours more to go!

Oddly enough, this hasn't been mentioned on the AMD board yet.

Peter

[chipguy]

Nice call.

"So in a span of LESS than 24 hours, AMD drops the price from $17 to $13.50 or about 20% (they were so sure to get the $17 price, they issued S-1 stating so, last night). You don't think they were a little "disingenuous"? Nah. BTW, that is $129 million of AMD/Spansion's money that just flew out the window. Yes, things can change in under 24 hours, and we still have 24 hours more to go!"

http://www.marketwatch.com/news/yhoo/story.asp?source=blq/yhoo&siteid=yhoo&dist=yhoo&gui...

"Spansion IPO prices at $12 a share
Increases offering to 42.2M shares from 39.2M

SAN FRANCISCO (MarketWatch) -- Spansion Inc. Thursday evening had its initial public offering of 42.2 million shares priced at $12 each, raising $506.4 million.

The pricing came in below the expected range of $13 to $14 a share, which was lowered from a range of $16 to $18 a share earlier in the day. The offering of 42.2 million shares is up from an earlier proposal of 39.2 million shares."