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imho

12/16/05 12:57 PM

#23278 RE: wbmw #23267

wbmw,

Re: Spansion IPO prices at $12 a share

Now 30% below expectations, but the real test will be where the share price heads in the following months. Usually, IPOs start with a fair amount of exuberance, so it's quite possible the price will fall lower going forward.


Don't discount the posibility that AMD/Fujitsu maybe buyers at this point to prop up the stock. AMD could be holders of 49% of Spansion and still achieve most of its goals.

IMHO