All your spyplane are belong to us
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AMD up, Intel down on NY probe
Bad news is good news for Chimpzilla
Fri Jan 11 2008, 15:23
AMD SHARES were up seven per cent and Intel’s stock fell one per cent in the wake of the announcement that New York State is launching an investigation into Intel’s business practices.
The New York probe could help AMD’s cause in its own antitrust suit against its old rival and that sentiment was reflected in the shares movement.
However, AMD shares will have to travel a lot further north to satisfy shareholders after the comedy of errors that has afflicted the company recently. Its stock is trading at less than a third of the 52-week high. µ
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Anyone else make a connection between NY Trying to get an AMD Fab Facility near it Great Capital and this Probe...?
I find it quite odd that at a time where AMD execution is at its worst, AMD is promoting executives. In fact, AMD just promoted the General Manager of its Desktop Division to Corporate VP. Yes, the guy in charge of Phenom execution got a promotion this week........
Thats exactly what this is all about. AMD lied to us for a year to keep its stock price up. Now Politicians in New York State are trying to control the price threw this probe. Its pretty clear IBM is behind this . You know IBM the company that was responsiable for thousands of allied deaths in WW2.