Intel Corporation (INTC) Message Board

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Technology Stocks : Intel Corporation (INTC)

INTC 48.75

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2:39 PM EST

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To: AK2004 who wrote (157959)	2/6/2002 9:48:31 PM
From: Tenchusatsu	Read Replies (1) of 186894

Albert, <I recall reading in the news that alchemy run into problems raising next round of venture capital. Which means it was a fire sale and amd got fairly good deal on it.> Good observations, but unless Alchemy is on the verge of profits, the company will continue to lose money for a while. Only this time, it will be AMD's money instead of venture capital. Regardless of whether Alchemy will become profitable or not, the cost to AMD is a lot more than the price they're probably paying. Tenchusatsu P.S. - Before I get flamed, let me remind everyone that Intel's acquisitions also drained profits for a while after they were acquired. This was John Fowler's biggest pet peeve. ;-)

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