Read more.AMD continues to suffer as it announced today that it overpaid in its $5.6 billion acquisition of Canadian based graphics card manufacturer ATI.
Read more.AMD continues to suffer as it announced today that it overpaid in its $5.6 billion acquisition of Canadian based graphics card manufacturer ATI.
It just doesn't seem to get any better for amd at the moment, one crisis to another. Bet the shareholders arn't to happy.
Wonder how many shares I can buy now...
ohh amd....
By the time AMD iron out the bugs in Barcelona, Intel would have 5Ghz Core 2 at 32nm cranking at full speed.
Downright upset with AMD, and I just can't believe the CEO can take it so calmly and just admit they screwed up and walk away with his responsibility. His responsibility is to ensure the delivery of the product, if he can't ensure that happens, then I think as the shareholders, we should remove him off his CEO seat, making sure he doesn't get his golden parachute on his exit. Find someone who can deliver.
Guess what? I am going to buy Put option and go short all the way like there is no tomorrow. Just downright upset with a company who cannot deliver.
One of the worst consequences for any company with a falling stock price is the potential loss of key personnel
I am not talking about the wonderful people in accounts, HR and PR...
...but rather the engineers etc who are kept within an organisation on 'sensible but not magnificent' salaries PLUS a slew of share options each quarter - whose combined value is supposed to buy you the 'Ferrari + boat + mansion' lifestyle
There are variations on this theme, but - generally - it will be something like...
"Join our amazing company and invent things for/with us, instead of going it alone in the world. In exchange, we will give you 'X' shares now - and then allow you to buy a lot more in the future - at the same price they were when you joined"
Join when a company is at $10 - then see the shares climb up to $100 - and you can see the cash cow waiting to be milked
The 'challenge' comes if/when you join a company when their share price was ~ $40 near the start of 2006...
...to have worked your nuts off - invented loads of stuff etc - then find that you are now able to buy a load of shares for $40 and sell them for $10
Bonza ?...
.
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I kept 6 trusted serving men, they taught me all I knew.
There names were what and where and why and how and when and who.
(I also had the HEXUS forums on speed dial just in case )
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