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Technology Stocks : Advanced Micro Devices - Moderated (AMD)

AMD 208.44

+8.3%

Feb 6 9:30 AM EST

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To: dale_laroy who wrote (70090)	2/2/2002 12:49:01 AM
From: Elmer	Read Replies (1) of 275872

The courts actually ruled more or less in Intel's favor, stating that AMD did not meet their contractual obligations. However, they also ruled that Intel had dealt in bad faith by not accepting AMD's designs, and thus granted AMD the right to produce 386 and derivative processors. Good God, I hope I'm not going to have to dig all this up. AMD failed to produce a graphics chip that they were obligated to supply Intel. Intel canceled their second source agreement based on AMD's failure to perform. AMD and Intel went into arbitration in which AMD specifically agreed that the ruling could not grant them the right to the 386. Intel won, however AMD pointed out that the judge had a mutual fund which held some shares in Intel so the ruling was thrown out. The next arbitration ruled in AMD's favor and granted them the rights to the 386, even though AMD had agreed that the arbitration couldn't grant such an award to AMD. On appeal the decision was thrown out by the appeals court. On appealing to the Calif Supreme Court, the court ruled that they must support the arbitration process no matter how bad the decision as long as there was some connection between the case and the award. Thus AMD won the rights to steal err copy the 386. Other fiascos involved the i287 where AMD once again stole Intel's designs and wound up in court. Intel sued and won but the decision was thrown out when it was found that Intel failed to produce 2 press releases during discovery. The retrial resulted in Intel failing to prove AMD had stolen the rights to the i287. There were more suits perhaps one or the more notable was one of the many times Jerry was caught in a bold faced lie. "We're not using any Intel microcode in the i486" was proven to be a lie by the California courts when looking at the AMD486 ICE code and AMD was forced to pay a large award to Intel. Jerry has lied many times and this was just one of them but there is no denying that the court ruled Jerry Sanders was a liar. Don't count on that being that last time Jerry is ruled a liar by a court of law. EP

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