AMD: Down, down and down

With AMD creating new 52-week lows almost every week, the stock has eroded hundreds of million $s of shareholders wealth in the last one year. The chart here (courtsey Yahoo Finance) is not one of the best that I have seen in few years. The Institutional ownership has reduced from around 76% to mid 50s, signalling a huge sellout by funds. However, with a market cap of around $7B, its definitely an attractive target for the burgeoning PE firms. I would expect more sellout by these funds, and then a sudden turnaround due to buyout possibilities to take the stock back to lower or mid 20s.
Disclaimer: These are my personal thoughts and should not be construed as an advice of any sort.

India hiring

A picture worth a thousand words. This picture gives a perfect glimpse of booming market conditions in Bangalore. Google hiring at one of the most trafficked malls in Bangalore.

PE job

While PE jobs are hard to come by in the US, they are still available in plenty in India. Here is one post from VC Circle.

The good 'ol IPO days

Paul is pointing to this amazing IPO data collated by Carlyle group. If the data is any indication, we should not worry at all about the current market dynamics. The market is still realistic and nowhere close to the heydays of 1999-2000.