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


To: paarl99 who wrote (228805)3/23/2007 7:01:08 PM
From: TenchusatsuRead Replies (1) | Respond to of 275872
 
Paarl, > I presume you refer to Dresden subsidies and NY potential subsidies that AMD has or will get.....I am sure if you look into INTC Ireland and Israel investments you will see big subsidies......if you aren't referring to that what are you referring to??

All of the subsidies are aimed at attracting jobs and building a high-tech tax base. All the politicians want is to see the subsidized companies do well. They don't give a damn about free market competition or innovation.

For example, ask the mayor of Redmond, WA, whether he thinks the Microsoft monopoly is good for the industry. I'm SURE you'll get an objective, unbiased answer ... LOL

Tenchusatsu



To: paarl99 who wrote (228805)3/23/2007 11:03:10 PM
From: Sarmad Y. HermizRead Replies (2) | Respond to of 275872
 
>> if you aren't referring to that what are you referring to??

Partly the Dresden subsidies. Which of course were made so local people can have employment and income. AMD has been a good public citizen and fulfilled its obligation there.

And then the subsidies by the good folk who bought the shares that AMD sold for $35/each a couple years ago. Which enabled it to survive to now. AMD did not serve them well.

And it also refers to the generous people who will buy the next round coming in a couple of months. That will enable AMD to stay as a thorn in Intel's side for another year or two. That should be great for consumers.

The people who AMD failed are the shareholders. Especially in their "get to 30% at any cost" mantra.