AMD Chart Analysis?

[thekube]

Hello,

I currently own quite a few shares of AMD stock because I feel the company should continue to take market share away from Intel in the future. Dell recently started selling notebooks with AMD chips and video game consoles such as the Wii and Xbox360 have video cards which are made by ATI (recently acquired by AMD).

Over the past six weeks, AMD has stayed between about 20.50 and 22 bucks a share. It usually doesn't move sideways like that for very long. I have read a few blog posts indicating that this means that it will soon break up or down very quickly, but I don't know much about technical analysis to be able to tell if this is true. The most recent articles I have read suggested to short AMD based on the chart. Can anyone look at the chart and tell me if you think it's a bad idea to be in AMD?

I will most likely hold onto the stock because I believe that the company has a lot of room to grow. I was just curious what the charts tell you.

[Albert0373]

Well, I believe AMD is a good stock to invest in; much more to come in the future...may reign over Intel.


Monday News:

AMD jumps into top-10 of world's largest semiconductor companies

Wolfgang Gruener

December 4, 2006 16:39



El Segundo (CA) - Surging microprocessor sales as well as the acquisition of ATI have made AMD an official member of the world's ten largest chip manufacturers, according to a report released today by iSuppli. AMD checks in at #7, while Intel is seeing double-digit declines in revenue.

More than a year of strong revenue growth as well as a challenging acquisition of graphics chip maker ATI are handing AMD an early Christmas present. At least according to market research firm iSuppli, AMD leaped deep into the top-10 of semiconductor manufacturers in 2006. The company jumped from position 15 in 2005 to 7 with a global market share that is estimated at 2.9%.

Revenues have grown from $3.9 billion in 2005 to an expected $7.5 billion in 2006. Sales for the first nine months (excluding results from the newly acquired graphics division formerly known as ATI) were $3.9 billion, an increase of about 18% over the same period in 2005.

Intel, on the other hand, appears to be stabilizing a free fall of its market share in the ranking. Due to a shortfall in microprocessor and NOR Flash sales that were highlighted by s strong 2005 result, Intel's market share dropped by almost 13% to about 11.4% in the second quarter of this year - the firm's lowest market share since 2000. For the entire year of 2006, iSuppli estimates Intel to achieve chip revenues of about $31.4 billion, which would be an 11.6% decline over 2005 and a market share that decreases from more than 13% to 12.1%. According to iSuppli, the company's sale of its Xscale mobile-phone semiconductor business to Marvell Technology Group "had a relatively minor impact on its revenue compared to its travails in microprocessors and NOR."

[clavocat]

im also in AMD, it was in a "slight" uptrend but i think it fell through and then came back, im in it for a lil longer to see what happens.

[meth]

i don't know, what do you guys think. i am actually thinking of picking up some INTC because they have gotten a bit cheaper from prices of a year ago. they also use them on all mac computers, now i know that is just a fraction of all computing but its got to add up right? i don't know, is that a bad idea?

[Imperator]

I'm in AMD aswell.

the price may have some pressure do to several legal issues, but I don't think that should be too much of a problem.

Ati graphics power the xbox 360 and Nintendo Wii, both of which will do very well into the future.

I see AMD having some problems with the product cycle versus Intel for some time. However, AMD is doing rather well in the Laptop processor sector and Laptops will do well this christmas season.

[Albert0373]

=] no words needed.

[thekube]

That felt good :). I accumulated a good number of shares at a low price and I'm continuing to hold.

[clavocat]

im out and out of my qid short, im bearish on the market now, pullback-major is coming, im going to slowly pull out, monday, tues we go down imo

[ub3rn00ber]

Think its time to take profits from S&P mutual funds?

[clavocat]

time to take profits from everything, im goin cash until i find greener pastures, ill keep international but already i got out of 4 of my 10 or so holdings.

[bahroor]

time to take profits from everything, im goin cash until i find greener pastures, ill keep international but already i got out of 4 of my 10 or so holdings.

clavo, didn't the DOW just set another record high yesterday?

[clavocat]

u think its gonna keep goin and going?? i heard a stat last week, for every 1 insider investing, 180 are pulling out hahaha, those are the people that know where the stock is headed, my stocks were sucking as the dow was making new highs so i had to get out, but im gonna play short term until we break trend then i will short (after xmas im predicting)

[clavocat]

sell when everyone is buying and buy when everyone is selling, thats my modo.

[robvia]

AMD was able to capture market share because their chips were beating Intel in the gaming world. Now Intel has leap frogged back with the Core Duo line, and that's what gamers are putting in their PCs.

The street doesn't follow gamers, but that's where it all starts. I have options on INTC, but neither are moving that much. The trick is to figure out what the big institutions are going to buy. Right now it seems even.

[thekube]

Well, I'm getting taken behind the woodshed on AMD today. Booyah!

[Imperator]

woe is me.

AMD is going to be in a bad condition for most of 07. Unless they come out with some blockbuster very soon......

[BuyOnDips]

You knew AMD would go down when INTC came out with faster chips and started slashing prices on their older CPUs. AMD had to lower their prices on their chips. I still think they have to lower their prices more to be competitive with Intel. I'm pretty sure NVDA currently has the better graphics card as well.

I believe businesses and people are waiting for VISTA to come out before buying a new machine. Many companies will probably wait at least 6 months before they upgrade to the new OS to make sure some of the bugs are worked out first. Users are better off to get the fastest PC they can afford to run VISTA. I wouldn't upgrade a PC to VISTA, I'd buy a new faster computer instead. Since INTC has the fastest chips right now, users would be better off buying a computer with an Intel chip inside if they want to run VISTA. AMD is supposed to come out with a fast chip later this year. Until then, I'd avoid AMD unless it gets ridiculously low. I wouldn't buy INTC just yet either. Maybe wait another QTR. I still think they have excess inventory to dump.

[robvia]

Both of these are losers and going nowhere. The street figured INTC would go to 25. It headed that way, then came back to the low 20s where it's been stuck. To me, this means big institutions and fund managers are staying away from both. You'd think Intel would move up on AMD's bad news, but no. They're taking their money elsewhere.

Not even Cramer could help AMD, he's been recommending it over Intel. Why? I don't know.
Intel has faster chips and they are used in all Macs.

[Seamus]

I don't know what everyone was looking for prior to AMD's quarterly report that was going to show great numbers. If you were thinking that they were going to come out with great margins and profits this last week, you are in the wrong game, don't even try to invest you have no idea about this buisness at all. Educate yourself on processor speeds, power consumption and who buys these chips to understand the business.

I am a AMD stock holder and have a 1/4 position right now, I expected a bad quarter with the games Intel has been playing (the games are not helping Intel either) and the moves AMD has been trying to make to get their 65 nm chips to market. There will be higher margins due to these issues. They do have a better product (faster at actual computations with low power consumption) and are cutting into the server side with a quad core chip due out this year. I believe that this is going to be a great year for AMD to come back with Vista launching and their new technologies coming to market.

As for the stock, I expected it to get hammered today, worse than it did. I was suprised to see in the morning 14 million shares (mostly paniked sellers) had sold before the market opened. It appears that there is a bottom with buyers coming in under 18, somthing that needs to be watched for the next couple weeks since the only momentum the stock will have is Vista and the new chips in the future.

[thekube]

AMD just reported a 4Q loss.

http://biz.yahoo.com/ap/070123/earns_amd.html?.v=2

It's not looking good :(.

[lazylazybonebone]

Sell...sell...sell

I tought Cramer told us specifically to get out of AMD

[clavocat]

not to be an a$$ but i jumped out after the big run up...this stock is horrible, if only i would have shorted it after i sold it. :roll:

[BuyOnDips]

Things are not looking good at all for AMD.

http://www.tgdaily.com/2007/01/23/amd_q4_2006_prices/

http://yahoo.businessweek.com/investor/content/jan2007/pi20070124_029733.htm

http://www.thestreet.com/_yahoo/newsanalysis/techsemis/10334517.html?cm_ven=YAHOO&cm_cat=FREE&cm_ite=NA

As Cramer would say... "It's a triple sell!"

[Imperator]

I think the ATI division will do well.

AMD is off limits until it's new Quadcore chip comes out and starts selling, and is if Intel doesn't have a comparable chip.