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Technology Stocks : Dell Technologies Inc.
DELL 129.25+0.7%Dec 26 3:59 PM EST

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To: TigerPaw who wrote (175020)6/29/2005 5:35:30 PM
From: stockman_scott  Read Replies (1) of 176387
 
An Open Letter from Hector Ruiz, AMD Chairman, President and Chief Executive Officer...

amd.com

<<...We have filed a 48-page, detailed Complaint in federal district court. Because, as our Complaint explains exhaustively, Intel's actions include:

* Forcing major customers to accept exclusive deals,
* Withholding rebates and marketing subsidies as a means of punishing customers who buy more than prescribed quantities of processors from AMD,
* Threatening retaliation against customers doing business with AMD,
* Establishing quotas keeping retailers from selling the computers they want, and
* Forcing PC makers to boycott AMD product launches.

For most competitive situations, this is just business. But from a monopolist, this is illegal.

These serious allegations deserve serious attention. Earned success is one thing. Illegal maintenance of a monopoly is quite another.

Intel's behavior is much more than meets the eye. You may not have been aware, but Intel's illegal actions hurt consumers - everyday. Computer buyers pay higher prices inflated by Intel's monopoly profits. Less innovation is produced because less competition exists. Purchasers lose their fundamental right to choose the best technology available.

We believe the legal process will work. In the meantime, the men and women of AMD will continue to drive innovation, focusing on our customers and on the people who use computers at home and work every day...>>
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