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Technology Stocks : Advanced Micro Devices - Moderated (AMD)
AMD 231.94+0.1%3:59 PM EST

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To: Dan3 who wrote (23572)12/30/2000 10:20:30 PM
From: jeff_boyd___Read Replies (2) of 275872
 
"Intel's Financial Hit"

Intel will hurt badly but even the very worst case scenario that you describe could be absorbed by Intel for a number of years. They have $14 billion in cash and earned almost $12 billion (b/4 taxes) through the first three quarters of the current year. Yes I know a good chunk of that is investment gains, but the point is that if they want to drive AMD into the ground they can.

They should run into anti-trust problems if they are willing to operate at breakeven and even the most die hard Intel loyalist doesn't want Intel to go to breakeven point.

I think anti-trust laws and Intel's willingness to take a hit are the two considerations; not their ability because they clearly can do it if they want.

Hope this makes sense and isn't too "off the wall."

Regards,

Jeff
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