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Politics : Formerly About Advanced Micro Devices

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To: Petz who wrote (87810)1/17/2000 11:40:00 PM
From: Paul Engel  Read Replies (1) of 1572772
 
Petz - Re: "Intel also spent big bucks on investments that did NOT pay off. How much did they sell their Chips & Technologies shares for? Zippo. What about the graphics chip company (can't remember name) or the company that made graphics boards bought from Lockheed Martin. This was money thrown in the toilet."

Why don't you TELL US ALL how much money AMD has lost on their K6-shooter project that they got from NexGEN after spending $650,000,000 on NexGEN ???

Let's see - AMD's losses for 1999 ALONE are in the neighborhood of $154,000,000 - AFter their Welfare Tax Breaks !! - so adding that to the $650,000,000 for NexGEN, we're looking at an $800,000,000 SHOT DOWN THE AMD RENTED TOILET in AMD's RENTED HEADQUARTERS !!!

Wow, PETZ !!!!

$800,000,000 THROWN AWAY - that was your money - as a shareholder !

Maybe you can ADD IN the 1996 and 1997 and 1998 LOSSES for me !

Paul
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