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Politics : Formerly About Advanced Micro Devices

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To: Xpiderman who wrote (69538)8/22/1999 4:09:00 PM
From: Steven Ivanyi  Read Replies (1) of 1573122
 
<<About Paul's AMD posting.

I enjoyed every piece of his AMD posts, a lot. Paul did excellent job educating people, especially new investors about the poor management of AMD.>>

I agree with you 100% here. The major problem with AMD is management. I feel that their products could have done better and the company enjoyed profitablity had there been different management. I feel their newer chips like that the Athlon will be neat and innovative products. But with poor management I think the product will only enjoy a brief moment of success.

I personally think that AMD should get out of the microprocessor business altogether. It should sell that division off. National Semi did that with Cyrix and stock took off. AMD has other profitable businesses that it could concentrate on and make more profitable.

Let's face it Intel dominates the microprocessor business. AMD should get out and stop fighting a losing battle. But management seems willling to sacrifice shareholder value just to keep the senselss fight going - that is the crux of poor management for AMD.

As for myself I have bought and shorted AMD in the past. I currently don't have a position. Actually, I don't have a position in Intel. I'm a little sore about missing the that nice recent ride up. Too busy with other stocks.

Some thoughs for the day

Steven
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