insidemadmoney
11-14-2005, 10:29 PM
Check out news, commentary, and analysis (coming soon!) at http://www.insidemadmoney.com - an inside look at Cramer's Mad Money.
Advanced Micro Devices (AMD) was recommended as the first stock on today’s Mad Money. Cramer says he reluctantly recommends Advanced Micro Devices over Intel
INTEL CP
$25.37
Change: +0.24 - +0.96%
as of 11/14/2005 4:00pm
, which he owns in his Charitable Trust. The reason: management of AMD is “wiping the floor with Intel
INTEL CP
$25.37
Change: +0.24 - +0.96%
as of 11/14/2005 4:00pm
’s.†In particular, he cited a Wall Street Journal article, “The $100 Laptop Moves Closer to Reality†as a catalyst: AMD is in building a $100 with other big name tech firms. Key points from the article:
* “Under present plans, the first production version of the laptop will be powered by an AMD microprocessor and use an open-source Linux-based operating system supplied by Red Hat.â€
* “Daryl Sartain, director of strategic business development at AMD, says his company is “absolutely committed†to the project.â€
* AMD declined to comment about the price of the microprocessor but says that they “expect this to be business for AMD.â€
Cramer failed to mention some of the very real challanges to this project, however.
* Developers have not reduced the price of the laptop below $100
* No governments have signed contracts yet, although many have expressed interest
* It isn’t clear if governments can afford buying many units even at $100
* There is skepticism whether or not the $100 laptops will have enough features and be powerful enough for students
Finally, the article states:
Meanwhile, Intel
INTEL CP
$25.37
Change: +0.24 - +0.96%
as of 11/14/2005 4:00pm
Corp. says it isn’t worried about the thought of millions of laptops in developing countries powered by a competitor’s chips. “Our view is that whatever it takes to get computer power to places where it hasn’t been before is a good thing,†says spokesman Chuck Mulloy. “But there will be different flavors of these kind of devices.†Noting that Intel
INTEL CP
$25.37
Change: +0.24 - +0.96%
as of 11/14/2005 4:00pm
is involved in other projects to bring low-cost computers to developing countries, he says the company has learned from experience that “functionality is equally important to cost.â€
Check out news, commentary, and analysis (coming soon!) at http://www.insidemadmoney.com - an inside look at Cramer's Mad Money.
Advanced Micro Devices (AMD) was recommended as the first stock on today’s Mad Money. Cramer says he reluctantly recommends Advanced Micro Devices over Intel
INTEL CP
$25.37
Change: +0.24 - +0.96%
as of 11/14/2005 4:00pm
, which he owns in his Charitable Trust. The reason: management of AMD is “wiping the floor with Intel
INTEL CP
$25.37
Change: +0.24 - +0.96%
as of 11/14/2005 4:00pm
’s.†In particular, he cited a Wall Street Journal article, “The $100 Laptop Moves Closer to Reality†as a catalyst: AMD is in building a $100 with other big name tech firms. Key points from the article:
* “Under present plans, the first production version of the laptop will be powered by an AMD microprocessor and use an open-source Linux-based operating system supplied by Red Hat.â€
* “Daryl Sartain, director of strategic business development at AMD, says his company is “absolutely committed†to the project.â€
* AMD declined to comment about the price of the microprocessor but says that they “expect this to be business for AMD.â€
Cramer failed to mention some of the very real challanges to this project, however.
* Developers have not reduced the price of the laptop below $100
* No governments have signed contracts yet, although many have expressed interest
* It isn’t clear if governments can afford buying many units even at $100
* There is skepticism whether or not the $100 laptops will have enough features and be powerful enough for students
Finally, the article states:
Meanwhile, Intel
INTEL CP
$25.37
Change: +0.24 - +0.96%
as of 11/14/2005 4:00pm
Corp. says it isn’t worried about the thought of millions of laptops in developing countries powered by a competitor’s chips. “Our view is that whatever it takes to get computer power to places where it hasn’t been before is a good thing,†says spokesman Chuck Mulloy. “But there will be different flavors of these kind of devices.†Noting that Intel
INTEL CP
$25.37
Change: +0.24 - +0.96%
as of 11/14/2005 4:00pm
is involved in other projects to bring low-cost computers to developing countries, he says the company has learned from experience that “functionality is equally important to cost.â€
Check out news, commentary, and analysis (coming soon!) at http://www.insidemadmoney.com - an inside look at Cramer's Mad Money.