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Politics : Formerly About Advanced Micro Devices

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To: Jack L. Dlugach who wrote (779)7/15/1996 12:44:00 AM
From: Joseph wang   of 1585959
 
you see guys, the problem is NOT the damn limo.

AMD has a history for spending money on parties (i.e. christmas
party = 1 million).

but that doesn't really affect the balance sheet.

The point is: they spent a buttload on that plant in Texas and
left it empty for months and had problems with their K5 and then
spent more money buying NexGen and then couldn't sell the damn
thing at prices they wanted (because Intel slashed their prices and
put out a faster chip).

I can't be specific on my info source, but I can tell you that
unless the K6 sells like hotcakes next year, AMD may have to be
sold off to some large corporation.
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