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

To: Gary Ng who wrote (35106)7/26/1998 1:22:00 AM
From: Kevin K. Spurway  Respond to of 1584951
 
Re: "Look at their financial statements, where you can find the answer."

Around the time when the Merced delay was announced, BT Alex Brown's downgrade of Intel estimated that the Merced delay would cost Intel $10 BILLION in lost revenue in the year 2000 alone. That may or may not be a pessimistic estimate.

In any case, fortunately for Intel that $10 billion hasn't shown up on their balance sheet yet--but eventually you gotta pay the piper.

Kevin


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