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Politics : Formerly About Advanced Micro Devices
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To: Yougang Xiao who wrote (55093)4/10/1999 2:32:00 PM
From: nihil   of 1581169
 
I am sure Intel is eager to stabilize the price decline to 30% or so a year. A rational company, Intel is driven by cash flow, profits, and margins. The incentive structures do not allow for destroying competition at the cost of cash, but as long as AMD keeps cutting prices, Intel cannot allow them to take over the markets. AMD is irrational, driven primarily, I believe, by Sanders' hatred of Intel. I have characterized Sanders as Captain Ahab hunting Moby Dick. I think the analogy is exactly correct. Had AMD aimed at profits and stock price as goals, it would have accepted the market share that it required to maximize their goals. Instead, Captain Sanders is pulling down the Pequod and its crew and still may not kill Moby Dick, although he bloodies it. Call me Ishmael.
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