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Politics : Formerly About Advanced Micro Devices
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To: Duncan Baird who wrote ()6/18/2000 4:45:00 PM
From: TimF  Read Replies (1) of 1576970
 
Message 13900193

(A) When this crazy mania ends, someone will write a book about the quickest, largest theft of market share in history,.....
AMD's destruction of Intel's monopoly in micros. Intel was slow to recognize that it was taking place, even slower to
react, and reacted both poorly and in a panic once the stupor ended (why the market hasn't punished the stock for this is
beyond my ability to understand). Never having had to react to competition, Intel thrashed around for far too long, first
imperiously ignoring, then denigrating, then fighting on price ("we have deeper pockets"), finally searching for an
alternative means to re-establish its monopoly position. IMHO, Intel's involvement with RMBs was perhaps initially based
on a belief that RMBS' memory technology was superior but more probably was based on using RMBS as a vehicle to
re-establish its former monopoly status.

Tim
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