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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: Paul Engel who wrote (32219)4/28/1998 9:39:00 AM
From: greg nus  Read Replies (1) | Respond to of 1572938
 
Paul Good news for AMD...Wash DC..Bloomberg reports Justice Dept is poised to Sue Intel for competive anti trust practices relating to the withholding of technology advances to customers not following Intels implicite non competive business practices.



To: Paul Engel who wrote (32219)4/28/1998 9:54:00 AM
From: greg nus  Read Replies (2) | Respond to of 1572938
 
Paul, More importantly the reducting of the refinancing package from $1 billion to $400 million would indicate that AMD has increased confidence in their profit plan to internaly generate the difference from operating profits. Additional AMD's banks would have had to have to concented to and signed off on the revised proift plan and ready to offer AMd Bank lines sufficent to work around the new profit plan. This is very good news.


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