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Technology Stocks : Compaq -- Ignore unavailable to you. Want to Upgrade?

To: MeDroogies who wrote (92138)	7/11/2001 12:51:23 PM
From: Steven N	Respond to of 97611

I will take this as a positive ATTEMPTS BY A GROUP OF industry figures, engineers and others to persuade AMD and Samsung to give the Alpha processor a future have come to nothing, the INQUIRER has learned. An initiative which hoped to persuade Samsung and AMD that the Alpha technology could have a future and would offer real competition against Intel's Itanic platform has failed to generate any enthusiasm from the two companies. The move was spearheaded by some very unhappy Compaq Alpha engineers at the company and both AMD and Samsung were informally approached just a few days after Michael Capellas, CEO of Compaq, and Craig Barrett, CEO of Intel, announced their deal on the technology. Senior officials at Samsung told the group: "We are not in a position to fight Compaq on this. If anyone in any of our departments decided to do so, they would be summarily dismissed." Any such move would have meant a considerable commitment for both companies, and AMD, at a very senior level in the company, felt it had insufficient resources to spread its activities wider, the INQUIRER has discovered. Instead, it will continue developing its X86-64 platform as an alternative to the Itanium platform. One engineer said AMD was exhibiting signs of the NIH (not invented here) syndrome. Said Terry Shannon, editor and publisher of Shannon knows Compaq: "I'm not at all surprised. It's an expensive hobby. $185 million of Compaq's restructuring charge reflects the writedown on cancelled Alpha activities. Hasta la vista, Alpha!" The reluctance on AMD's part to take an interest also suggests to the INQUIRER that the firm is now unlikely to raise any complaints with the US Federal Trade Commission. We believe, however, that there is a possibility of the European Union investigating the Intel-Compaq deal gab