AMD reports record sales

[chrisv]

"Microprocessor sales rose 44 percent, year-over-year, the company
reported."

http://www.reed-electronics.com/electronicnews/article/CA6269453?nid=2019

 

[EdG]

"Microprocessor sales rose 44 percent, year-over-year, the company
reported."

http://www.reed-electronics.com/electronicnews/article/CA6269453?nid=2019

As soon as I started reading this article I said to myself, I wonder how
much AMD's stock dropped....

AMD 4:02PM ET $21.00 Down $3.00

OUCH!!!!

 

[keith]

As soon as I started reading this article I said to myself, I wonder how
much AMD's stock dropped....

AMD 4:02PM ET $21.00 Down $3.00

OUCH!!!!

I guess it's almost time to buy back in! I (my wife in her IRA) sold a
bunch a week ago at $23.50 and I told her to jump back in at $20.

This sort of thing often happens to techs after a great report. The
insiders had their run, and do. If the economy doesn't turn to $#|+ in
the fourth quarter, it'll run up again. The third quarter isn't normally
kind to the techs (October sucks), but the fourth is.

 

[Yousuf Khan]

As soon as I started reading this article I said to myself, I wonder how
much AMD's stock dropped....

AMD 4:02PM ET $21.00 Down $3.00

OUCH!!!!

The more it blows past expectations, the worse it falls the next day.

Yousuf Khan

 

[keith]

The more it blows past expectations, the worse it falls the next day.

Insiders, perhaps? This isn't unusual.