AMD is doing a lot of things well with 64-bit leadership. But I'm not sure that this is sustainable.
More Quotes from Cody Acree:
Nobody who owns the stock for a long-term investment is going to sell over a 60 million missCody Acree
I think demand was good but TI was capacity constrained in the fourth quarter. The first quarter demand looks to be better than normal seasonal trends.
Cody Acree
The numbers were fine. The stock had done extremely well. When you have that kind of a move, it builds in a certain kind of optimism that may be realistic or may not be.
Cody Acree
It's a good update, but it's not quite enough to satisfy a more optimistic Street.
Cody Acree
It's amazing how quickly sentiment shifts. Two weeks ago, people would have sworn that the economy was gaining momentum. But there's no reason to believe that if we have normal economic improvement then that won't translate into normal seasonal second-half demand.
Cody Acree
In '05 they didn't have a lot of competitive products, but in '06 they are finally bringing out some of those new products that should make them more competitive.
Cody Acree
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