Advanced Micro Devices (NYSE: AMD) closed at $6.34 Friday.
Dell (NASDAQ: DELL) said it has stopped selling most consumer systems that use AMD chips on its web site.
Goldman says: "We do not believe AMD's equity is fully reflecting the risk of an AMD bankruptcy."
Abu Dhabi purchased a $622 million dollar stake in AMD on November 16th, 2007.
AMD March option implied volatility of 79 is above its 26-week average of 60 according to Track Data, suggesting larger price movement.
Option Update is provided by Stock Specialist Paul Foster of theflyonthewall.com
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Reader Comments (Page 1 of 1)
2-12-2008 @ 12:22PM
gumbo koontz said...
HOw come nobody has the hots for ALCOA? It is very cheap..... There is mining stock mergermania yet nobody is buying ALCOA in anticipation of it occuring to ALCOA as well. Are we gonna wait until it is too late ?
2-23-2008 @ 9:47PM
mark said...
Any one in the GAME..BUY THIS STOCK TUESDAY 3:00.....THE PROPHET ABLE MARK REV TRANCE...GET RICH BUY JULY...I CANT LIE MY FATHER NEVER DOES................
2-23-2008 @ 11:03PM
mark said...
THAT PLAYER # 72....ON THE GIANTS..A REAL GOAL.ORIENTED.......
2-23-2008 @ 11:06PM
mark said...
THE HG IS CHILLING