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Politics : Formerly About Advanced Micro Devices

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To: A. A. LaFountain III who wrote (57691)	5/9/1999 9:43:00 PM
From: Paul Engel	Read Replies (1) of 1573697

Tad - Re: " you would be making some really big assumptions (that AMD has always screwed up and therefore always will, and that Intel doesn't screw up and that people will always be willing to pay a premium for that record" Indeed, you have described the history of Intel and AMD over the past 15 years to a TEE. Not that Intel doesn't have screw-ups - Intel has enough irons in the fire to insure that any one program glitch can be "smoothed over" by other businesses and projects. AMD shoves all its prayers into one prayer basket and goes for broke - and they usually go "broke" - as they are living on borrowed money. By the way - allow me to correct a factual error in your post: "I've also seen Jerry Sanders make AMD a $3 billion company ..." Sanders has NEVER reached that milestone. The highest AMD ever got was $2.54 Billion last year - 1998. With revenues DOWN $150 million from Q498 to $631 million this quarter and the sale of Vantis stripping $141 million (3x $47 million) over the remainder of this year, AMD may have BIG TROUBLE matching last year's $2.5 Billion in sales. Paul

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