• Ashraf Eassa
    Article covering that $INTC/$AAPL rumor submitted...
    11/30/12
    Reply (8)
    • Sal Marvasti: Why is AMD rising?
      11/30/12
    • Ashraf Eassa: They raised $200M from selling that building. $200M added to existing market cap is ~20%. In line with the price appreciation we have seen.
      11/30/12
    • Sal Marvasti: but that was always there. Now they have less assets?
      11/30/12
    • Sal Marvasti: The only reason AMD did this is their interest rate is higher than the lease rate. So they pay less by mortgaging.
      11/30/12
    • Ashraf Eassa: Also, AMD announced the following: "Temash" (Jaguar-based tablet SoC) will be demo'd at CES, generating some hype. Also,
      11/30/12
    • Ashraf Eassa: they announced a partnership with symmetry electronics to sell their new embedded chips.
      11/30/12
    • Ashraf Eassa: Finally...shorts are probably taking some profits on top of all of these catalysts...
      11/30/12
    • Smaskun: Recent rumors is MSFT will use AMD Temash for Surface 2. Definitely a big boost if this turn out to be true. http://bit.ly/VmFfi9
      12/2/12