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Technology Stocks : Intel Corporation (INTC)
INTC 35.81+0.2%Nov 25 3:59 PM EST

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To: Amy J who wrote (92344)11/13/1999 8:13:00 PM
From: Bill Jackson  Read Replies (1) of 186894
 
Amy, I hear that AMD has an array of poisonous stakes protecting Jerry and the manglement group. I do not know the details of the Poison pills that protect AMD from hostile takeovers...but they are reputed to be so onerous that no-one has ever tried to take AMD over.
As AMD does better it will become even harder as the extra shares spawned will make it non-economic. AMD is saved for now by it's new products, new FAB, Flash renaissance and Intel's many stumbles. Flash can go away and Intel can get back on it's horse, new fabs do not age gracefully and new products may not follow for AMD.....so no careful business group will take a high ratio flyer to gain AMD, especially right now when any sniff of such a TO will make the shares fly to $50 or more.

Bill
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