Revenues are likely to be down but that's just normal seasonality,
More Quotes from Cody Acree:
How do you do better than that ... And if next step is down, do you want to own the stock Their challenge is trying to convince investors and analysts that there is no reason for margins to deteriorate. To some degree they are a victim of their own success.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
Chip companies are getting ready for stronger demand in the back half of the year. There's a big difference between building a safety margin and overbuilding, ... People have been pessimistic, but we continue to get fairly firm fundamentals about the environment for PCs and semiconductors overall.
Cody Acree
Whether Dell will, or will not, offer AMD systems is anyone's guess, but the likelihood does seem to be increasing, ... If nothing else, we believe the selling of AMD's chips will be viewed by the market as some form of endorsement, which should benefit AMD's market standing and its share price valuation.
Cody Acree
AMD is doing a lot of things well with 64-bit leadership. But I'm not sure that this is sustainable.
Cody Acree
Although there were many points in Intel's results that could give investors pause, we actually believe the majority of the market will view the release with a large degree of relief.
Cody Acree
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