"Dying" Tech Companies
Here are some companies that I thought are just “hanging over” in the tech industry:
AMD – Advanced Micro Devices Inc.
As I said earlier, AMD had lost ground and can no longer remain competitive with Intel. AMD has ambitious goals, but it doesn’t have deep pockets like Intel for research and development. Last week, it had [...]
Go SHORT!
AMD – Advanced Micro Devices Inc.
It seems that AMD had lost ground and can no longer remain competitive with Intel. In the beginning of 2008, AMD was trying to turn around, but failed. Also, AMD just announced that it will cut its total workforce by 10% and its revenue will also decline by 15% from last quarter. They are getting [...]
Companies That May Turn Around
COH – Coach Inc.
In the early morning press release, Coach said that it is going to open the first Hong Kong global flagship store in summer 2008, in the Lan Kwai Fong area located near Central (Link). This is very good news considering Hong Kong is the shopper’s heaven.
AMD Earnings: Not Too Bad
AMD released the 4th quarter earnings after the bell on Thursday. Well, it seems that the quarterly results weren’t as bad as expected. Even though AMD lost a lot of money this quarter, it is less than what most analysts had expected, and still managed to have a revenue increase of 8% compared to last [...]
Tagged as: amd, ati, chips, delay, Earnings, hold, revenuesAnalysts expect big profit drop at AMD
Yesterday, AMD’s stock price jumped to near $7 without a reason. Maybe investors are hoping for a surprise at AMD. However, I don’t think there will be any miracle. People assume that if Intel does bad, AMD will do well. This is usually not the case. It will probably drop more after the earnings because [...]
Tagged as: amd, ati, disappointing, Earnings, intel, losing money, surprise