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Politics : Formerly About Advanced Micro Devices
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To: Joey Smith who wrote (28198)1/30/1998 3:00:00 AM
From: FJB  Read Replies (1) of 1586443
 
Joey,

RE:If you look at the big picture, the problem is not yields, but basic business strategy.

Yields ARE the industry. Either you make the product at a lower or approximate cost, or you lose money and this is a function of yields.

I have no idea if AMD can solve their production problems, but they are a profitable company IF they do. The major problem is assigning a probability to that. It's impossible to do and this uncertainty is why the stock is where it is.

Bob
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