Advanced Micro Devices - Moderated (AMD) Message Board

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Technology Stocks : Advanced Micro Devices - Moderated (AMD)

AMD 214.11

+3.9%

Nov 26 3:59 PM EST

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To: Eric K. who wrote (60103)	10/25/2001 10:25:41 AM
From: Elmer	Read Replies (3) of 275872

Re: AMD's earnings Thanks Eric - As best as I can figure AMD is still in the red from it's purchase of NexGen. Earnings from '96 - 2000 totaled 723 million. The purchase cost $810 million. That's a loss of $87 million. For this fine handling of his fiduciary responsibility Jerry has been rewarded with a fortune from AMD's treasury. The PLD group is gone. The 29K product line is gone. Comms is gone. The headquarters building has been sold off. Fabs are closed and the x86 embedded processor business is now abandoned to Intel and the share price is back where it was 20 years ago. Shareholders, is this the best management of your investment? EP

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