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AMD Asset Smart caught in a Catch 22 AMD Asset Smart caught in a Catch 22
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AMD Asset Smart caught in a Catch 22
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Old 18th April 2008, 18:14   #1
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Default AMD Asset Smart caught in a Catch 22

AMDs Q1 presentation was different – different from what we had heard in the past five quarters. The bleeding is still substantial and there is little doubt that it will stop during Q2. But AMD executives have changed their tone. They were less apologetic about their misses and took a firm stance against analysts, like there was an ace up their sleeve. That ace appeared to be the company’s Asset Light or Asset Smart strategy, which the CEO declined to talk about. In fact, he can’t talk about it: According to industry sources, Asset Smart is caught in a Catch 22: No profitable quarter, no investment.

http://www.tgdaily.com/content/view/37013/118/
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