Leverage Buyout Rumour for AMD


Semiconductor stocks edged lower Monday, despite a few healthy gainers including Advanced Micro Devices Inc., whose shares spiked on rumors that the company is talking to private equity firms about a leveraged buyout.

I'm sure when the equity firm takes control someone can put a stop to AMD's reckless spending, excessive partying, flawed strategies and poor execution. Intel is in a higher level of execution at the moment and it appears to be too much for the old AMD.

And to think that someone actually thought that AMD is going into 2007 stronger that before (*cough*).

1 comment:

Anonymous said...

that's what happens when someone buys something they cannot afford. the bannks takes your house.