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


To: FJB who wrote (237640)7/30/2007 10:41:21 AM
From: wbmwRead Replies (1) | Respond to of 275872
 
Interesting Developments on the Legal Front

Interesting that AMD's press release already contains factually incorrect information....

legalpad.blogs.fortune.com.

COMMENT FROM INTEL SPOKESMAN CHUCK MULLOY (7/29 at 1:26 pm) :
Two points: First, the Statement of Objection in no way changes the fact that AMD has been and continues to be the source of complaints about Intel’s business practices. There are no customers complaining, there are no consumers complaining. The microprocessor market is fiercly competitive and is functioning properly and consumers are benefiting.

Second, you might want to check some of the information you use for completeness, in particular those that come from AMD’s press releases. The Larach case against Dell and Intel was dropped in May of this year. You could have found that by checking court records in Austin instead of relying on AMD press releases and press statements.

CORRECTION/ADDENDUM (7/29 at 2:26 pm): Lerach and co-counsel asked that their suit against Dell be voluntarily dismissed without prejudice on April 24, 2007, explaining only that the investor group they represented “no longer intends to pursue the Complaint on behalf of the class.”


And what about this concession from AMD's own lawyer:

AMD’s Diamond replies: “If, in fact, Intel’s corporate policy is to use only reasonable, stepped discounts and no first-dollar rebates, that’s a pretty recent innovation, and I guess we’ve earned part of our legal fees already. That has not been historically correct.”

Opinion: AMD seems to be conceding that Intel's rebate program is Legal and their only claim is that it wasn't always the case!

siliconinvestor.com



To: FJB who wrote (237640)7/30/2007 11:54:12 AM
From: PetzRead Replies (1) | Respond to of 275872
 
What do you think of the idea that there are now so many lawsuits and investigations that Intel has lost any capability to settle out of court with AMD? Every suitor is going to want its own "pound of flesh."

It's high time the US sues. Jingoism at its finest?

Petz



To: FJB who wrote (237640)7/30/2007 1:25:45 PM
From: Dan3Read Replies (2) | Respond to of 275872
 
Re: Intel paid to OEMs if they delayed or cancelled the roll-out of products based on AMD CPUs

I think that's the big one.

That's a multi-billion dollar judgement that's a when not an if.

Jeez, if only GM had been allowed to pay car dealers to not carry Toyota, Datsun (back then), and Honda, we'd still have GM, Ford, And Chrysler holding 90+% of the US auto market.

I had systems delayed when those slime bags (Intel) extorted Solectron to not ship the Opteron motherboards AMD was counting on for their launch.

We all know about the Asus boards in white boxes with no mention (or support) on Asus's web site.

Time to pay the piper.

How many Billions in AMD sales and profits were lost due to Intel's criminal activities?

There could be more than just fines - maybe Intel products will also be banned from being imported into the EU for a period to compensate for the 10+ years Intel extorted companies to not sell competitor's products to EU consumers.



To: FJB who wrote (237640)7/30/2007 2:42:21 PM
From: gvattyRead Replies (1) | Respond to of 275872
 
From the EETimes article

"According to media reports, the commission can fine Intel with a sum up to 10 percent of the annual revenues. In 2006, the company had achieved revenues of roughly $35.8 billion. Against such a measure Intel would have the possibility to appeal in the courts."

My question would be who would get the potential $3.5 billion fine?