To: Joey Smith who wrote (54557 ) 4/27/1998 12:14:00 AM From: Yousef Read Replies (1) | Respond to of 186894
Joey, Re: " My prediction: Jerry will be crying to the Just. Dept. soon trying to force Intel to allow them to license Slot I in order to compete...." My prediction is that Jerry will be more focused on "re-pricing" his stock options IF the following news article is correct:theregister.co.uk "AMD close to sell-off Triple move will end all problems Posted 23 April 1998 A source close to AMD's plans told The Register today how the company will be disposed of. According to the senior executive, AMD will be divided into three parts, as CEO Jerry Sanders nears retirement. The K6 chip part, the source said, is likely to end up in IBM Microelectronics hands. The profitable and lucrative networking business will be spun off as a separate unit. And the third, logic unit, is likely to be sold to the biggest bidder. 3Com is the favourite for the third part. National Semiconductor, the executive said, will not get a look into the sale. He said that Jerry Sanders, CEO of AMD, is insistent this does not happen. IBM Micro, which shares the same offices in Geneva as AMD Europe, is the natural choice for a partner. There is a precedent for the second part, he said, citing Advantis. To maximise shareholders' money, the networking unit will continue under the name AMD. The logic unit is up for grabs because AMD has a number of top - ex Synoptics engineers - which can deliver solutions in the Ethernet market, the executive said. The deal, he said, was likely to happen sooner rather than later. Jerry Sanders is 59 and is understood to want to retire soon. No one from AMD could comment at press time on this speculative story delivered by a senior executive." Yousef