Rumours of Big Blue buy-out boost AMD stock
23 Jan 2008 | 21:43 GMT
Worth a punt
SOME GEEZER came up with the idea that IBM should buy up AMD. He told a few of his mates and, hey presto! AMD's shares became hot property for an hour or three.
Whether there's any substance to the proposition, we can't tell right now. Some analysts are all for it some are against, but then again what do they know?
AMD was up 10.69 per cent to 7.56 at close in New York and has fallen back a mere .01 in after hours trading.
IBM was down, possibly as investors pondered the realities of blending blue and green. µ
© 2007 Incisive Media Investments Ltd. 2007