Have a guess what we'll be talking about in this week's sharewatch...
| Company | Listing | Share Price ($US) | 7-day change |
|---|---|---|---|
| AMD | AMD | 18.25 | -15.0% |
| Apple | AAPL | 63.87 | 18.0% |
| ATI Technologies | ATYT | 19.83 | 26.1% |
| Dell | DELL | 21.22 | -5.6% |
| GOOG | 385.50 | -3.4% | |
| IBM | IBM | 75.83 | -0.3% |
| Intel | INTC | 17.30 | -6.4% |
| Microsoft | MSFT | 24.37 | 4.1% |
| NVIDIA | NVDA | 20.25 | 3.3% |
Ah yes, the AMD/ATI merger. We've told you what we think will happen in due course, but how are the shares right now? Well, AMD had to borrow a hefty sum of money to make the merger happen, US$2.5bn in fact. It's a bit of a gamble on AMD's part; they have to make this work.
ATI has gone the other way to AMD, with a 26% rise in share value compared to this time last week. However, following the surge in share price on Monday, they've since been downgraded to neutral and since then the price has been steady.
Apple also experienced a lift last Thursday. They published string financial results (who'da thunk it?) after close on Wednesday. The results were better than expected leading to a healthy boost in share price the following day.
It looks like prices have settled down now after the various pieces of news that have broken in the last seven days, but will they still be roughly the same in a week's time?
