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

To: Ali Chen who wrote (35714)	8/9/1998 6:19:00 PM
From: Dale J.	Read Replies (1) \| Respond to of 1570498

Ali, I happen to agree with you that the accounting of options is clearly and intentionally flawed. Say I buy furniture and they deliver it to my home. I sign and pay for it. It sits in my home for about ten minutes and then they take it out the back door. Well that doesn't do me any good. It's the same with these Billion dollar option plans. Earnings should belong to the investors and not management. The PE ratio is becoming a joke. I'm curious, how does AMD handle stock options. The same way. right? This is a serious problem. FASB and other regulators need to get a backbone. Dale

To: Ali Chen who wrote (35714)	8/9/1998 7:18:00 PM
From: Elmer	Read Replies (1) \| Respond to of 1570498

Ali, You haven't answered the question. What is AMD doing off the books to compensate their engineering staff like you are claiming Intel does. As far as I can tell AMD employees aren't getting much of anything, otherwise you would see the same accounting tricks you are accusing Intel of. More confirmation of the rumors running rampant through the Valley that people are jumping ship at AMD at an alarming rate. This can't last for long before AMD has to start canceling projects. What do you think AMD will cancel first in order to try and find a way to fill the holes on the K7 team? Communications maybe? Have you seen the recent articles describing AMD's problems: techweb.com The problem is simple. AMD's dwindling staff must be reassigned to the K7 so Jerry can keep up his pathological battle against the evil empire. AMD will now attempt to buy what they don't have the resources to develop. AMD used to be a top player in this field but not anymore. Why do you suppose that is? EP

To: Ali Chen who wrote (35714)	8/9/1998 11:30:00 PM
From: Paul Engel	Respond to of 1570498

Ali - Re: 'FDIV bug, F00F, various PII "microcode patches", ECC problems in Xeon chip, I lost the count... In fact, the residual of Intel engineers are only capable to dress the single 5-years old design into different caches, that's it. Pathetic." If Intel is this incompetent, and earning $1.2 Billion/quarter, what does that make AMD which is LOSING $105,000,000 per quarter? Re:" Were those $6B spent from Intel overall assets or not? Yes, as a matter of fact they were spent in the first half of this year. Payments to DEC, " Put down your Mao's' Little Red Book, Ali and check the facts. Intel bought a state-of-the art 8 inch wafer fab from DEC as well as a complete StrongARM product portfolio as well as a few other designs ! Paul