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

To: Monica Detwiler who wrote (66340)	12/27/2001 1:39:02 AM
From: Elmer	Read Replies (1) \| Respond to of 275872

Why don't we discuss AMD's share buy backs and option grants ? My, this is interesting isn't it? AMD repurchased 6.3 million shares during Q3 alone. Jerry's options must have been a high percentage of this total number of shares repurchased. Are we to conclude that AMD has been ripping off their shareholders to the tune of millions of dollars just to funnel money to Jerry? It seems like an inescapable conclusion. EP

To: Monica Detwiler who wrote (66340)	12/27/2001 2:00:01 AM
From: Ali Chen	Read Replies (1) \| Respond to of 275872

"Why don't we discuss AMD's share buy backs and option grants ?" Because AMD is already in red ink, and those $30M will not add much to the fact, [$69M - $38 proceeds]: edgar-online.com see Page 12, etc. In contrast, Intel's propaganda maintains that they are a profitable company, while in fact Intel has lost money during last several quarters when the $1B/Q buy-backs are taken into account. There is a big difference, when profitable turns into non-profitable, and this is the only reason for this discussion.