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

To: Jim McMannis who wrote (85678)	1/6/2000 10:10:00 PM
From: Scot	Respond to of 1572207

Jim, A good deal for Intel...they paid $20M for a $250M" <G> Coincidentally, $20M was approximately the earnings shortfall.... Thanks for posting that article. The best quotes: Partnering with AMD won't be new for Gateway. Last year, Gateway featured AMD processors in some of its low-end systems. Gateway, however, decided to phase out the AMD chips and rely solely on Intel's products after Intel "got more aggressive from a pricing standpoint." That decision was a costly miscalculation, company officials said. "We didn't anticipate [supply problems], obviously, when we moved the lion's share of our product line back to Intel," Weitzen said. "It's been a particularly aggravating quarter, quite frankly." -Scot

To: Jim McMannis who wrote (85678)	1/6/2000 10:22:00 PM
From: kapkan4u	Read Replies (3) \| Respond to of 1572207

Early October 1999: Intel: C'mon baby I love you. GTW: Oh, I love you too, but will you respect me in the morning? Intel: Sure, baby, sure. I love you baby. Three months later: <"Let me say that it's an understatement when I tell you that we're all intensely frustrated by the supply situation we found ourselves put in," said Jeff Weitzen, Gateway's president and CEO, during a conference call announcing the company's lower earnings forecast. "We are not about to stand by and let the actions of others dictate what products Gateway customers can buy." >

To: Jim McMannis who wrote (85678)	1/6/2000 11:39:00 PM
From: greg nus	Respond to of 1572207

Jim, Now that Gtw has signed a five year deal with Mu AMd should hold out for the same. Gtw would look like fools if they walked away from AMd now having said what they said about inhell.

To: Jim McMannis who wrote (85678)	1/6/2000 11:41:00 PM
From: Charles R	Read Replies (1) \| Respond to of 1572207

<A rather gutsy article. <G> zdnet.com. "The shortage of chips and processors cost the company up to $250 million, said Gateway Senior Vice President and Chief Financial Officer John Todd." > In this industry it is very rare that someone foulmouths a supplier or a customer. Imagine how pissed off Gateway must be to be talking so openly about this topic! This is the biggest PR setback of any company that I can remember of late.