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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: FJB who wrote (65401)	7/14/1999 11:47:00 PM
From: Yougang Xiao	Respond to of 1575181

Further thoughts on Raza resignation: What the release and Atiq's comments in the CC suggest this: Atiq wants to have a PART-TIME employment/involvement with AMD, If you will. This is not a clean-cut exit which normally occurred in management shakeout situations like the recent CPQ incident with 5fer. No FULL TIME employment with AMD is either because he DOES NOT WANT or he CAN NOT due to a recent sudden event transpired to him very recently. Does not Want: Internal management fight - if this is the case, he has no reason to express a part-time position with AMD; a sudden wealth - unlikely too, he has been rich enough due to the Nexgen sale to AMD; Another job offer such as CPQ CEO - unlike too. He cannot have part time relation with AMD while serve full time elsewhere. The most likely case is that he CAN NOT continue his full time employment with AMD due to: A rather severe health problem recently known to himself, or health problem(s) happen to his family members. If his resignation is proven to be the "can not" scenerio, then damages done to AMD can be effectively contained in relatively short time. Because, there is no internal manamgement turmoil as the resignation might otherwise suggest. Atiq's legacy will be well remembered and well kept at AMD. Based on the recent Doran replacement, I expect Jerry to act swiftly to look for Atiq's replacement.

To: FJB who wrote (65401)	7/15/1999 12:05:00 AM
From: Mani1	Read Replies (2) \| Respond to of 1575181

Robert Re <<I was left with the impression that unless everything falls into line for Q4, AMD will not remain an independent company. I'm guessing everything will not go perfectly and the stock is valuable as a takeover play. Does this sound reasonable or not?>> Your analysis does not sound reasonable to me. I find it hard to see who would want AMD if its product can not make any money. If the x86 market had many players consolidation would be likely as competition heats up. But as it is (with only 2 players) I don't see AMD as a take over target. If AMD screws up with the K7 it will go out of business. I for one think that despite the horrendous financial result, AMD is making progress in process technology and design architecture. K7 gives AMD its first chance (and perhaps its only chance if it does not execute) to compete directly with Intel's top of the line processors. I think AMD is a good buy based on its own potentials but not as a take over play. Mani

To: FJB who wrote (65401)	7/15/1999 12:07:00 AM
From: john dodson	Read Replies (1) \| Respond to of 1575181

Who would want AMD that could actually afford it? Not IBM, not CPQ, or anyone else, in my view. Why would deep pockes wanna finance AMD's continuing losses? If anything, INTC will ease up a bit now that they've hit AMD's arteries. If AMD dies, that antitrust stuff against INTC could get revived. INTC coulda killed AMD many times by now if they really wanted to. They don't. Aside from using them as a defense to antitrust, they enjoy bleeding AMD to much. That's the funny thing about AMD, they keep bleeding, and bleeding, and bleeding, but never seem to die! -John