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


To: Elmer Phud who wrote (262205)10/28/2009 10:32:24 AM
From: Mahmoud MohammedRespond to of 275872
 
Elmer,

Re: "Mahmoud, I wonder how many companies will be willing to take their Intellectual Property
to GloFlo now, knowing full well the CEO may pass it on to a competitor?"

Good question ... Remember, "Loose lips sink ships".

Mahmoud



To: Elmer Phud who wrote (262205)10/28/2009 10:38:17 AM
From: Mahmoud MohammedRead Replies (2) | Respond to of 275872
 
Elmer,

Re: "... knowing full well the CEO may pass it on to a competitor?"

Looks like AMD is getting into the investigation ... Could get messy ... Doing a typical CYA.
AMD doesn't want any RICO charges against the company. <ggg>

AMD says it's investigating Ruiz allegations

"SAN FRANCISCO (MarketWatch) - Advanced Micro Devices on Wednesday said the chip giant was
looking into insider trading allegations involving former Chief Executive Hector Ruiz. "We are
investigating the situation, but we don't have any more detail to discuss publicly,"
spokesman Michael Silverman said in an e-mail. "No current or former AMD employee has been
charged with a crime and we're not aware of any allegation of criminal misconduct. It would
be inappropriate to comment further on an ongoing Department of Justice investigation.""


Mahmoud



To: Elmer Phud who wrote (262205)10/28/2009 1:28:28 PM
From: jackthetabRead Replies (1) | Respond to of 275872
 
Elmer, he's going to be gone. He didn't pass any intellectual property relevant to a customer's manufacturing needs/operations. I kinda doubt he passed anything to anyone related to design or process.

It was just about the asset lite strategy, which ironically, was rumored several months to occur exactly as it did (except for the buyer of course). Heck even this board was talking about spinning of the fabs and going fabless prior to the event.

Not really a surprise.

The truth is bad enough, so no need for prevarication.