Analyst Insight: Share Price of Advanced Micro Devices, Inc. to Fall: Morgan Stanley

http://bit.do/dLv27 Secret sale page FxMath.
Morgan Stanley (NYSE:MS) analysts Mark Lipacis and Sundeep Bajikar wrote in research note Friday that the bank holding company believes the share price of Advanced Micro Devices, Inc. (NYSE:AMD) will fall over the next 45 days. they wrote, "This is because of lowered forecast/guidance, Our checks indicate inventories building in the PC supply chain, and that orders for PC silicon are declining. We expect to hear more negative data points in the PC supply chain, consistent with NVidia's negative earnings announcement, and lowering of earnings expectations. Since AMD's earnings estimates have increased steadily for 19 months, we think the risk is high that further negative PC data points will translate to lower expectations and pressure on the stock. We estimate that there is about a 70% to 80% or "very likely" probability for the scenario." SmarTrend alerted subscribers to take profits in Advanced Micro Devices on May 25, 2010 at $7.92, since then the stock fell 18.9%. We are now watching for any positive developments that could result in a new uptrend signal.