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To: Dan3 who wrote (119266)11/26/2000 9:09:44 PM
From: Paul Engel  Respond to of 186894
 
ALibi Dan - Re: "AMD had been losing money for several years while it financed a huge expansion program"

WRONG !!!

AMD lost all that money on OPERATIONS.

Fab 25 was completed 4 years ago - when AMD was still profitable.

They didn't capitalize the FAB 30 expansion until two quarters ago - when Fab 30 started production.

Every AMD financial loss was accompanied by explanations that the losses were due to POOR YIELDS - of one sort or another.

Paul