Yeah well the market is treating AMD as if they hit my target of -$232M. Go figure.
That is a respectable gross margin.Gross margin 45 percent, non-GAAP gross margin 46 percent
Computing Solutions segment revenue decreased 13 percent sequentially and year-over-year.
GPU revenue was down 5 percent in a seasonally down quarter, due to lower unit shipments in the channel.
AMD shipped too many of its Llano chips in the channel and the sales of those chips stalled, resulting in higher inventory in the sales channel. There were too many motherboards in the market as well, because there was a mismatch in what was needed in the channel. Controlling this for the future is within AMD’s control, Read said.
source
Man I'm taking a beating.
Man I'm taking a beating.
Yeah well the market is treating AMD as if they hit my target of -$232M. Go figure.
Somewhere just over $5.00 I believe. I'm hoping it gets pumped soon.
I'm watching the level 2 trading, and it seems that there are extraordinarily large bids, even pre-market.
http://i.imgur.com/xJe5z.png
I suspect the market makers want cheap shares and will run this thing up within a few days.
Somewhere just over $5.00 I believe. I'm hoping it gets pumped soon.
While the PC environment is undoubtedly weak, AMD’s results underscore mis-execution by the company yet again. In 1H11, AMD changed management, 2H11 they had a yield problem, and now in 1H12 they mis-executed in the channel. These missteps have made us wrong on the shares.
Darn it, I was $6 million away from being a winner! Curse you Meghan!!D:
The market knows that AMD are finished.
Meghan so far hasn't responded to my PM. Give it while, you may still win.
I've been hearing this since the 90's.
They've been pretty much slowly dying since the 90's.
no... amd is more financial stable today than the "A64 golden years"...