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Technology Stocks : AMD:News, Press Releases and Information Only! -- Ignore unavailable to you. Want to Upgrade?

To: Paul Engel who wrote (6246)	5/21/1998 12:13:00 AM
From: Elmer	Read Replies (3) \| Respond to of 6843

<AMD spent $650 MILLION DOLLARS to buy NexGEN. They have poured another $400 Million into Fab 25 to make the K6, above and beyond the original budget. All told, they have spent a minimum of a BILLION DOLLARS on the K6 development - probably more than Intel spent on the Pentium II development. I am also neglecting the hundreds of millions of dollars poured into the K5 which netted AMD ZILCH.> Paul, this just goes to stress the point that AMD would be a successful PROFITABLE company if it weren't for Jerry's pathological drive to go up against Intel at any and all costs. Screw the shareholders, this is ego time and the shareholders are going to foot whatever bill Jerry presents to feed his ego. Shareholders are paying for the party and they have their noses pressed up against the glass looking in. BTW I wrote some puts on AMD today. That means I have a position on AMD again. Hope Fuchi likes that. Haven't heard much from him since Cyrix/NSM tanked. Wonder if he still loves Cyrix inovations. EP