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

To: Elmer who wrote (60109)	10/25/2001 11:20:55 AM
From: chuckles58	Read Replies (1) \| Respond to of 275872

Just curious, but how much have all Intel's communications and "other" acquisitions from the last couple of years made so far? How much of Intel's CPU and flash profit has been lost from these "strategic" acquisitions of Mr. Barrett? The Business Week cover story a couple weeks ago on Mr. Barrett was not the most complimentary of him or the direction he has taken Intel. I know, Jerry Sanders didn't make the cover story. I am disappointed with AMD's loss, which was primarily due to Intel's aggressive pricing. However I think Intel's recapturing .7% market share came at too huge a cost to Intel's profit. How long will Intel's market cap stay over $165 Billion with quarterly profits of only $106 Million per quarter? Will Intel shareholders accept a 200 to 300 P/E ratio for Intel assuming they are limited to $.02 of profit per quarter? I believe Intel has lost the price war as they did not meet their goal of recapturing meaningful market share. I am also disappointed that AMD's officers bailing out on their options in the $30's, seemingly at the expense of us "faithful" AMD shareholders. I'm sure Mr. Barrett has never exercised any of his stock options, so you have me there. I concede. CB

To: Elmer who wrote (60109)	10/25/2001 12:18:56 PM
From: Paul Engel	Respond to of 275872

Elmer - Re: "Thanks Eric - As best as I can figure AMD is still in the red from it's purchase of NexGen. Earnings from '96 - 2000 totaled 723 million. The purchase cost $810 million. That's a loss of $87 million. For this fine handling of his fiduciary responsibility Jerry has been rewarded with a fortune from AMD's treasury. The PLD group is gone. The 29K product line is gone. Comms is gone. The headquarters building has been sold off. Fabs are closed and the x86 embedded processor business is now abandoned to Intel and the share price is back where it was 20 years ago. Shareholders, is this the best management of your investment?" These are THOUGHT PROVOKING arguments. Watch the AMDroids ignore them !

To: Elmer who wrote (60109)	10/25/2001 2:36:24 PM
From: Petz	Read Replies (2) \| Respond to of 275872

Elmer, re:Nexgen Your figures are wrong. The 723m earnings total occured despite writing off all of the Nexgen goodwill! In other words, the cost of acquiring Nexgen has already been subtracted from AMD's earnings. Without that, AMD's earnings would have been ~700m higher. Better to compare book value, and you will see that AMD's has been growing much faster than Intel's. As best as I can figure AMD is still in the red from it's purchase of NexGen. Earnings from '96 - 2000 totaled 723 million. The purchase cost $810 million. That's a loss of $87 million. Petz