Advanced Micro Devices - Moderated (AMD) Message Board

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Technology Stocks : Advanced Micro Devices - Moderated (AMD)

AMD 232.08

+0.1%

1:47 PM EST

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To: FJB who wrote (237640)	7/30/2007 10:41:21 AM
From: wbmw	Read Replies (1) of 275872

Interesting Developments on the Legal Front Interesting that AMD's press release already contains factually incorrect information.... legalpad.blogs.fortune.com. COMMENT FROM INTEL SPOKESMAN CHUCK MULLOY (7/29 at 1:26 pm) : Two points: First, the Statement of Objection in no way changes the fact that AMD has been and continues to be the source of complaints about Intel’s business practices. There are no customers complaining, there are no consumers complaining. The microprocessor market is fiercly competitive and is functioning properly and consumers are benefiting. Second, you might want to check some of the information you use for completeness, in particular those that come from AMD’s press releases. The Larach case against Dell and Intel was dropped in May of this year. You could have found that by checking court records in Austin instead of relying on AMD press releases and press statements. CORRECTION/ADDENDUM (7/29 at 2:26 pm): Lerach and co-counsel asked that their suit against Dell be voluntarily dismissed without prejudice on April 24, 2007, explaining only that the investor group they represented “no longer intends to pursue the Complaint on behalf of the class.” And what about this concession from AMD's own lawyer: AMD’s Diamond replies: “If, in fact, Intel’s corporate policy is to use only reasonable, stepped discounts and no first-dollar rebates, that’s a pretty recent innovation, and I guess we’ve earned part of our legal fees already. That has not been historically correct.” Opinion: AMD seems to be conceding that Intel's rebate program is Legal and their only claim is that it wasn't always the case! siliconinvestor.com

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