Despite the fact that Advanced Micro Devices (AMD) itself considers the departure of the company's ex-CEO Dirk Meyer may help enhance the value of the company, financial analysts who cover AMD opine that Meyer's resignation is not a positive sign for the company.

Noting that some market observers even feel that the CEO's exit is a new drama for AMD, Barron's web-site recently revealed that Auriga investment firm analyst Daniel Berenbaum said in a note written to clients: "Consensus is clearly negative on AMD's ability to execute, but our work (and Mr. Meyer's resignation) suggests these concerns might even be worse than many fear."

Berenbaum also added that with the delay in the 32nm ramp at GlobalFoundries and doubts hovering over the ability to value-price Fusion products, there is no reason for the financial analysts to move off their "negative bias" against AMD.

Even though AMD is hopeful of a May release of first Bulldozer chips for desktops, and a summer launch of server-grade server microprocessor on Bulldozer micro-architecture and second-generation Fusion accelerated processing units (APUs) for mainstream and performance notebooks, the company is still losing server market share to its rival, Intel.

In addition to losing notable foothold in the server market, AMD is also struggling in the notebooks arena; and has no clear roadmap for tablet-class products. In general, it is the lack of consistent strategic planning that has put AMD in such sire straits.