AMD (AMD) should sign up to be in the World Wrestling Federation.At least when an opponent hits it with a chair, it can get paid.
Dreamworks, an account of modest size but huge PR value, dropped AMD as the supplier of chips for its computer animation system. The business went to Intel (INTC) instead. According to The Wall Street Journal, "the move was based on capabilities of two forthcoming generations of Intel chips." Intel will hit the market soon with a product which has eight processors.
AMD shares are now just above $5, but a little over two years ago, they were at $40. The company has become so adroit at losing business, a $2 stock price is always a possibility. Impossible? Look at Fannie Mae (FNM) and Ford (F).
Douglas A. McIntyre
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Flywheel Publishing has partnered with CardRatings for our coverage of credit card products. Flywheel Publishing and CardRatings may receive a commission from card issuers.
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