Ati A Takeover Target?

BreakthroughBreakthrough Texture Artist (ns_prometheus) Join Date: 2005-03-27 Member: 46620Members, Constellation
<a href='http://arstechnica.com/news.ars/post/20050709-5077.html?85999' target='_blank'>ATI a takeover target? (click)</a>
<!--QuoteBegin--></div><table border='0' align='center' width='95%' cellpadding='3' cellspacing='1'><tr><td><b>QUOTE</b> </td></tr><tr><td id='QUOTE'><!--QuoteEBegin-->ATI's stock saw a much-needed boost at the end of the week, fueling speculation that ATI is possibly being courted or even targeted for a hostile buy. The stock hovered around CAN$14.50 for most of the week, but after a dip Thursday to $14.00, the stock shot up to 15.77, up 8.6 percent for the entire week. It had reached a peak of $15.90, which is still a far cry from the $25 range enjoyed before June, when the stock started to tank. Shares hit their 52-week low on July 7, at $13.90.

Takeover rumors started in June, when the company's third quarter results were less than impressive, and were followed by weak projections for the fourth quarter. Rumors indicate that both AMD and Intel are interested in ATI, as are Broadcom and Texas Instruments.<!--QuoteEnd--></td></tr></table><div class='postcolor'><!--QuoteEEnd-->

Not good for me, because I bought $1000 worth of ATI's stock when it was hovering in the mid-$20's, so I can only help they come back...

Any thoughts on the rumors?

Comments

  • SLizerSLizer Join Date: 2003-11-07 Member: 22363Members, Constellation
    Cross your fingers <!--emo&:(--><img src='http://www.unknownworlds.com/forums/html/emoticons/sad-fix.gif' border='0' style='vertical-align:middle' alt='sad-fix.gif' /><!--endemo--> <!--emo&???--><img src='http://www.unknownworlds.com/forums/html/emoticons/confused-fix.gif' border='0' style='vertical-align:middle' alt='confused-fix.gif' /><!--endemo-->
  • MulletMullet Join Date: 2003-04-28 Member: 15910Members, Constellation
    Gah, the stock market is lame. It's all rigged.
  • ThaldarinThaldarin Alonzi&#33; Join Date: 2003-07-15 Member: 18173Members, Constellation
    A takeover might be a good thing seen as it would mean more money will be injected towards the development of new graphics cards etc. etc.

    As long as Intel do not takeover ATi I am happy. Intel graphics cards are just crap, I mean they still can't even support Steam!
  • Fatal_ErrorFatal_Error Join Date: 2005-01-15 Member: 35840Members
    Well, intel makes only integrated graphics, no high powered, no even mid class. Only crappy budget ones. That's why.
  • ComproxComprox *chortle* Canada Join Date: 2002-01-23 Member: 7Members, Super Administrators, Forum Admins, NS1 Playtester, NS2 Developer, Constellation, NS2 Playtester, Reinforced - Shadow, WC 2013 - Silver, Subnautica Developer, Subnautica Playtester, Pistachionauts
    Sigh. If they get bought out there goes one good Canadian company probably bought out by some dorks in China who just won the lotto. Either that or Nvidia will try and buy them and hello monopoly <!--emo&:p--><img src='http://www.unknownworlds.com/forums/html/emoticons/tounge.gif' border='0' style='vertical-align:middle' alt='tounge.gif' /><!--endemo-->
  • Crono5Crono5 Join Date: 2003-07-22 Member: 18357Members
    If someone buys them out, what would happen to your shares?
  • CommunistWithAGunCommunistWithAGun Local Propaganda Guy Join Date: 2003-04-30 Member: 15953Members
    <!--QuoteBegin-Crono5+Jul 12 2005, 10:38 AM--></div><table border='0' align='center' width='95%' cellpadding='3' cellspacing='1'><tr><td><b>QUOTE</b> (Crono5 @ Jul 12 2005, 10:38 AM)</td></tr><tr><td id='QUOTE'><!--QuoteEBegin--> If someone buys them out, what would happen to your shares? <!--QuoteEnd--> </td></tr></table><div class='postcolor'> <!--QuoteEEnd-->
    afaik you either get back your money or that much money worth in the buyers stock, don't quote me on that though.
  • TommyVercettiTommyVercetti Join Date: 2003-02-10 Member: 13390Members, Constellation, Reinforced - Shadow
    Holy crap this sucks. First Ubisoft and now ATi? Some of the best companies in gaming are being threatened by takeovers by crappy ones (read: EA and Intel).

    I'd prefer that ATi remains its own company, but if it comes to this then I suppose AMD would be the best choice.
  • MulletMullet Join Date: 2003-04-28 Member: 15910Members, Constellation
    Ati and nvidia should merge...then we would get SUPER video cards.
  • Crono5Crono5 Join Date: 2003-07-22 Member: 18357Members
    Or we'd get very mediocre video cards at very expensive prices.
  • NikonNikon Join Date: 2003-09-29 Member: 21313Members, Constellation
    <!--QuoteBegin-Mullet+Jul 12 2005, 10:48 AM--></div><table border='0' align='center' width='95%' cellpadding='3' cellspacing='1'><tr><td><b>QUOTE</b> (Mullet @ Jul 12 2005, 10:48 AM)</td></tr><tr><td id='QUOTE'><!--QuoteEBegin--> Ati and nvidia should merge...then we would get SUPER video cards. <!--QuoteEnd--> </td></tr></table><div class='postcolor'> <!--QuoteEEnd-->
    actually, probally not, we would probally get a rash of FX like cards until a new company started up and challenged them to actually try again. Thats what happened to Nvidia last time, with the 9600 and 9800 series ATI cards.
  • AmbassadorAmbassador Join Date: 2003-02-24 Member: 13942Members
    Actually that's a good thing for your stocks. Most merger company's stocks go up after they are bought out.

    Essentially, you have a company going under that's getting bought by a big company which means more $$$ for the stockowners of the lower company.

    You do not get your money back from the stock, but instead I think you might get shares of the the buying company. Or, if the buying company doesn't destroy the lower company, then you just keep your shares.
  • ThaldarinThaldarin Alonzi&#33; Join Date: 2003-07-15 Member: 18173Members, Constellation
    Nvidia and ATi merge? That will degrade quality of cards. Lack of competition to be the best in the market will mean no company will have to make an effort on making a good card.
  • MetalcatMetalcat Join Date: 2004-08-11 Member: 30528Members
    why would they be bought anyway? arent they making enough money? are buisness going bad?
  • DragonMechDragonMech Join Date: 2003-09-19 Member: 21023Members, Constellation, Reinforced - Shadow
    edited July 2005
    <!--QuoteBegin-Thaldarin+Jul 12 2005, 01:51 PM--></div><table border='0' align='center' width='95%' cellpadding='3' cellspacing='1'><tr><td><b>QUOTE</b> (Thaldarin @ Jul 12 2005, 01:51 PM)</td></tr><tr><td id='QUOTE'><!--QuoteEBegin--> Nvidia and ATi merge? That will degrade quality of cards. Lack of competition to be the best in the market will mean no company will have to make an effort on making a good card. <!--QuoteEnd--></td></tr></table><div class='postcolor'><!--QuoteEEnd-->
    QFT. Now if ATi and <u>AMD</u> were to merge... well, let's just say the company would break all laws restricting awesomeness. ^_^ [/Fanboi]

    [EDIT] Forgot the warning /fanboi tag.
  • ThaldarinThaldarin Alonzi&#33; Join Date: 2003-07-15 Member: 18173Members, Constellation
    <!--QuoteBegin-Metalcat+Jul 12 2005, 09:07 PM--></div><table border='0' align='center' width='95%' cellpadding='3' cellspacing='1'><tr><td><b>QUOTE</b> (Metalcat @ Jul 12 2005, 09:07 PM)</td></tr><tr><td id='QUOTE'><!--QuoteEBegin--> why would they be bought anyway? arent they making enough money? are buisness going bad? <!--QuoteEnd--> </td></tr></table><div class='postcolor'> <!--QuoteEEnd-->
    Read first post. It says stocks are fluctuating and generally going down.
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