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Politics : Formerly About Advanced Micro Devices
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To: Petz who wrote (87855)1/18/2000 2:05:00 PM
From: Paul Engel   of 1575626
 
Petz - Re: "The fact that AMD was writing off MMI every year since 1987 does not mean it was not profitable, but these profits were reduced by the writeoff amount. By time Vantis was sold, its book value was near zero"

Near zero - When AMD bought Monolithic Memories, AMD was the LEADER in Programmable Logic- about $300 or $400 Million in yearly sales.

When AMD sold it, AMD was in 6'th or 7'th place - and DROPPING FAST !

Paul
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