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Technology Stocks : Intel Corporation (INTC) -- Ignore unavailable to you. Want to Upgrade?

To: Elmer who wrote (76385)	3/15/1999 11:25:00 PM
From: Diamond Jim	Respond to of 186894

EP, They are not total Fools, they also said... But this doesn't mean AMD is anything like the financial powerhouse that Intel is. Despite the enormous volume it shipped, AMD lost money in the first quarter of this year. In addition, the company announced its intention to lay off 300 employees. AMD's shortcomings are numerous. First, the company's manufacturing costs are higher than Intel's. Second, AMD is selling at the low end of the market where there's practically no profit margin to begin with. While AMD has gained volume by undercutting the price of Intel's own low-end offering (the Celeron), that volume has come at the price of profitability.