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

To: Petz who wrote (48601)	2/4/1999 11:14:00 PM
From: Diamond Jim	Respond to of 1572481

Petz, You once told me, AMD was your favorite stock. Is it still? and why?, because they are predictable? jim

To: Petz who wrote (48601)	2/4/1999 11:21:00 PM
From: Ritz	Respond to of 1572481

Petz: As I recall, the generally accepted standard for determining predatory pricing in Anti-Trust cases is the Areeda-Turner test, which maintains that a price above reasonably anticipated VARIABLE costs (i.e. not including depreciation ect.) is presumed lawful. Now my memory of A-T law is getting rusty, but if I recall correctly most or all of the fed circuit courts have adopted it. Note however that it is not generally held a hard and fast rule, only that it creates a (rebuttable) presumption..... -Ritz