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To: wanna_bmw who wrote (150505)11/30/2001 8:16:00 AM
From: GVTucker  Read Replies (2) | Respond to of 186894
 
RE: Jerry Sanders

Sanders has always struck me as the kind of guy I would never want to be seated with at a deal table.

If he was seated opposite me, I know that the only way we'd ever come to an agreement would be if somehow the deal was heavily tilted in his favor. If he was seated on the same side of the table as me, I would be worried that somehow he would be stealing from me while we were negotiating with the other side.

While this type of attitude by Sanders certainly allows him to generate wealth on his own and to a certain extent keeps AMD solvent, it also makes it rather certain that as long as he is around, AMD won't be competitive with Intel. A PC manufacturer won't trust him enough to throw all of their weight behind him; that could kill a firm. They'll only throw him a bone every now and then to keep Intel honest. And the capital markets won't throw a lot of weight behind him because he has shown that he is willing to take from his own shareholders without giving a lot back.

Sanders certainly has the ability to win deals at the table. But he won't vault any higher because his ego and style get in the way. The best dealmakers realize that both sides walk away from the table happy in the best deals. Sanders won't ever allow this to happen.