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Politics : Formerly About Advanced Micro Devices
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To: Jim McMannis who wrote (85678)1/6/2000 10:10:00 PM
From: Scot   of 1582322
 
Jim, A good deal for Intel...they paid $20M for a $250M" <G>

Coincidentally, $20M was approximately the earnings shortfall....

Thanks for posting that article.

The best quotes:

Partnering with AMD won't be new for Gateway. Last year, Gateway featured AMD processors in some of its low-end systems. Gateway, however, decided to phase out the AMD chips and rely solely on Intel's products after Intel "got more aggressive from a pricing standpoint."

That decision was a costly miscalculation, company officials said.

"We didn't anticipate [supply problems], obviously, when we moved the lion's share of our product line back to Intel," Weitzen said. "It's been a particularly aggravating quarter, quite frankly."

-Scot
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