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

To: mas_ who wrote (256718)	10/18/2008 9:09:04 AM
From: mas_	Respond to of 275872

duplicate, ignore.

To: mas_ who wrote (256718)	10/18/2008 11:21:34 AM
From: neolib	Read Replies (2) \| Respond to of 275872

Also, the Intel agreement says that a subsidiary is defined as an entity that distributes no more than 70 percent and no less than 30 percent of its profits to AMD. IIRC, the above is misstated. There were two sentences referring to this in the agreement. One said that the subsidiary cannot distribute more than 70 percent to OTHER partners (i.e. non AMD), while the other sentence said AMD must receive 30% of the profits. They are both saying the same thing in essence. The above makes it look like AMD cannot receive MORE than 70% of the profits. AFAIK, there is no problem with having a 100% AMD owned subsidiary.