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Technology Stocks : Advanced Micro Devices - Moderated (AMD)

AMD 203.76

-1.1%

Nov 21 9:30 AM EST

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From: aleph0	6/14/2006 4:27:20 AM
	of 275872

Intel under fire over channel policy Hamid Kutty Shajahan, owner of the debt-ridden Micron Computers, has come out strongly against the "Intel distributor cartel" for what he has termed as an attempt to monopolise the market. He alleged that Intel officials used to pressurise resellers to take stock of slow-moving products along with fast moving ones. "If we refuse, the Intel official would warn us that it could affect our IPP (Intel premium provider) status and our pending rebate payments," he pointed out. IT dealers, who do not want to be named, said since 2005, Intel has been very aggressive with its marketing through "unwanted stock dumping," despite "our warning that prices are dropping as a result of this channel stuffing. But they simply turned a deaf ear and said lower priced goods are coming from gray market." KhaleejTimes : tinyurl.com From VinceCate at YMB : finance.messages.yahoo.com

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