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Originally Posted by Xzibit
That same argueement is beated to death by that Ashraf dude over at SeekAlpha. How the company should be valued more then it is. Its actually very funny.
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Yeah, what a hoot:
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As of late October, the company had $3.43 billion in cash and short-term investments on its balance sheet. Assuming no share repurchases, this amount has probably grown to around $3.8 billion by now, as NVIDIA received a $300 million royalty payment from Intel Corporation (NASDAQ:INTC) in January as part of a cross-licensing agreement between the two companies. Cash thus represents nearly half of NVIDIA's market cap of $7.9 billion.
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Maybe the Ashraf dude and the
rest of the world might have more knowledge than random internet troll. Personally I won't believe it until it features on Mythbusters...although I'd note that this is an AMD thread...and of the FOURTEEN posts you've made in it EVERY SINGLE ONE is about Nvidia, and ONLY TWO even feature references to AMD.
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Originally Posted by Xzibit
So far the market didnt like the report. 12.66 1hr before closing & the report. Closed at 12.37. After hours its 12.18
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Pretty standard SOP for tech companies. AMD beat the forecast last quarter, and look what happened on the day the financials came out:
