Advanced Micro Devices, Inc. (AMD)

I like the product and will wait because they might breakout -

After some stumbles, it appears AMD is back in the race. Shouldn't overlook the ATI aspects, (in the Wii after all).

I got lucky going long on this before Intel handed over a billion dollars. Should help with the debt, and continue upward motion.

New technology and timing are going to propel the company forward

Mad Money - Cramer Pick

Improving manufacturing processes and latest ATI graphics card is a clear winner over Nvidia. Expect at least a few good years for AMD.

If they can take a bite out of Intel and live to talk smack about it, they can outperform the S&P 500.

With the closing of the major lawsuit battles with Intel I think that it is likely that AMD will outperform the S&P 500 average. What may help in this matter is the fact that Intel has to pay a 1.25 B USD settlement to AMD. Also as a reslut of this settlement AMD will be allowed sell off their foundry, a two fold benefit; first it removes a large annual loss from AMD and second it allows them to spend more on R&D.

With the $1.25B settlement, AMD will be able to payoff a good chunk of it's debt (originally about $3.7B) hence improve their Balance Sheet.

With their agreement for a new 5 year cross licensing deal with INTEL, Globalfoundries now no longer needs an extra license to manufacture any processor using the x86 Architecture.

With the fair business agreement they both accepted (though terms not known) there's a possibility that AMD will gain momentum and gain market share (hopefully). Which is not considering their ATI side which cleaned up nice this winter since NVIDIA won't be introducing FERMI until Q1 2010.

Lastly, as mentioned earlier ATI is known as the current "best in class" for GPU production (until Fermi shows up). If AMD can speed up the release of their APU LLANO then I have a feeling that they'll be able to clean up nice compared to Intel's Arrandale.

It's still a bit speculative, but I believe that with the economic upturn, settlement payment, and new executives, they can make it happen.

Overvalued after a 21% gain, and with negative earnings/bad growth, this industry underdog is going nowhere.

Wow. Why anybody would pay $6+ for this stock confuses me... Their balence sheet is awful and their sales have been plummeting. Not to mention the fact that Intel is scaling up their new development.

AMD was always making better procesors!

If AMD gets out of penny (above 5 bucks) land then 50 bucks is in a time frame of 5 years possible !

AMD is a great ship producer perhaps a much small competitor if we compare with Intel (INTC)

There is enough room to reach higher levels.
near-term - next 6 month 12 to 18 bucks
plz dont forget it is my personal view.

gltua

New AMD management is taking a more conservitave approach with its investers . Holiday laptop and computer sales could be better then expected in 09 . AMD is being conservitave in its forward looking predictions for the remaining year. I would expect they will beat earning estimates again the next 2 quarters based on holiday sales.

I really like AMD, it made me some money and I believe it will continue to make me money

They just aren't competing with Intel.

I see nothing but red ink on that balance sheet. You can put a value on the assets because it has negative equity.

They have cash but they are sellying their currently "better" card at a loss, vs the competition.
When NVidias fermi hits the streets at a profit next year, along with tegra and Ion finally getting traction I don't see much positive for them to be honest.

AMD is a pickle for most people. Why AMD why not Intel? I hear this allot. My response Best bang for your buck and the best chance to really hit it big when (in my opinion) the great tech rally of my life time hits! I’m looking long term here about 10-12 years and I know Intel will do ok and have a bigger share of the market…BUT at 5-7$ a share you will see massive returns percent wise vs. Intel

Galleon holding.