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Technology Stocks : Advanced Micro Devices - Moderated (AMD) -- Ignore unavailable to you. Want to Upgrade?


To: fyodor_ who wrote (49338)7/29/2001 10:39:34 PM
From: jamok99Respond to of 275872
 
fyodor,

Re: <<The problem is that Hector said ALL WAS FINE a week or two before the warning - and that AMD was on track to make a buck fifty for the year. Clearly, he was either completely in the dark or not telling the truth. The latter would most certainly be illegal, the former might even be, depending on the circumstances>>

Yes, I would think this is the stuff investor suits are made of - which is probably the last thing AMD needs at this point if the stock isn't to become more depressed. I think I mentioned this very point at the time of the earnings announcement, and was reminded that all companies do this - lying, that is.