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Technology Stocks : Advanced Micro Devices - Moderated (AMD)
AMD 227.90+2.0%Jan 15 3:59 PM EST
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To: Monica Detwiler who wrote (69896)2/1/2002 5:28:11 AM
From: Joe NYCRead Replies (1) of 275872
 
Paul,

I think you are missing the fact that there are 2 phases to this deal (if I understand it correctly).

First phase is a foundry deal, when UMC will make chips, UMC will use their own fab, equipment, workforce, process technology. It starts soon

The second phase is the construction of a jointly owned fab, which will not happen for 3 years. There is absolutely no indication in the press release that AMD will cease their own process development. You must have misunderstood that part, or made it up.

Joe
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