Wednesday, April 12, 2006

AMD & Spansion Beat Estimates

Both AMD and Spansion (SPSN) beat estimates. Spansion guided higher and the stock is trading up about a dollar in after hours. While AMD guided a bit lower for the second quarter and the stock is off about a dollar. Nothing to get excited about.


Blogger Grid212 said...

It's a shame AMDs forcast for the June quater is 'flat to down', that really didn't help boost the price.

I tracked AMD throughout 2005 and they made amazing gains (as did most tech). 2006 has been a torrid time for all concerned however. The mighty Google at least is clawing it's way back towards its previous 52WK high.

4/13/2006 9:51 AM  
Blogger Big Ben said...

Tech has been hit or miss in 2006 compared to 2004-2005. There are a few standouts. For the most part it has been a bad year for tech.

4/13/2006 2:52 PM  

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