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Technology Stocks : Advanced Micro Devices - Moderated (AMD)
AMD 227.90+2.0%Jan 15 3:59 PM EST

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From: Elmer Phud5/18/2008 7:46:51 PM
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An interesting reading of Intel's filing suggests that AMD is attempting an novel definition of "selling below cost".

Page 11, label C

"While a monopolist's prices could be above the marginal short term cost of producing an additional unit, they may be below an equally efficient competitor's long term costs of staying in business". Thus according to AMD, Intel should forego profitable sales of additional units because Intel's prices are allegedly below AMD's long run costs.

It think this is AMD's main claim about selling below cost. This is just pathetic.

regmedia.co.uk
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