Wednesday, September 05, 2007

Another one bites the dust

AMD loses another senior sales executive.

It seems like rats are deserting the sinking ship. It would have been ok if Henri left and was replaced by someone else. However, Henri leaves, Hector says I'lld do the job and now Rick Hegberg leaves. These are not good signs for AMD. On the positive side. Their costs are reducing.

I wonder if Hector will be doing this job too? Troubling times for AMD. With Barcelona finally arriving, it's tough for them to lose two senior sales guys.

AMD will lose at least 300 million USD this quarter.

Tuesday, September 04, 2007

BofA upgrades Intel

Bank Of America increases their price target on Intel from 29$ to 31$.

Intel is on a roll. Barcelona is not going to save AMD. Not with Penryn coming in less than 60 days from launch.

Still not Barcelona performance numbers with a week to launch. They must be working day and night to get competitive performance and are still struggling.