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

To: Scumbria who wrote (52671)	3/16/1999 8:01:00 AM
From: gnuman	Respond to of 1576348

Internet Privacy a Global Issue washingtonpost.com "....Commerce officials have been negotiating with their counterparts in the European Commission to come up with a "safe harbor" agreement that would allow the continued free flow of personal information about Europeans to U.S. companies. Under laws that took effect last fall, 15 European Union member countries must prohibit the transmission of names, addresses and other personal data to any country with regulations that fail to provide adequate data protection. European officials have said the United States probably does not meet those standards.......... Aaron downplayed the importance of recent criticism. He said larger companies can probably comply with the European laws through the use of contracts, while small and medium-size companies can comply by agreeing to the Commerce Department principles......... But in a speech yesterday he left no doubt about the importance of heading off any cutoffs of data by Europeans. "Such a disruption would be a disaster of historic proportions," Aaron said in a speech to the Information Technology Association of America. "It would threaten our ability to carry on transatlantic trade at even current levels, let alone expand it." ..... Marc Rotenberg, director of the Electronic Privacy Information Center, said the Commerce Department's troubles in closing out an agreement with the Europeans stem from the approach. "This is a privacy policy driven by trade interests," Rotenberg said. "A more successful approach would focus on privacy protections" first. "

To: Scumbria who wrote (52671)	3/16/1999 9:52:00 AM
From: DRBES	Respond to of 1576348

re:"Last Monday, Atiq Raza, AMD co-chief operating officer and chief technical officer, said that the Company will fall short of its goal of shipping 5.5 million units of AMD-K6(R) family processors in the current quarter. The shortfall will result in a significant loss for the quarter." The most significant thing that I see here is that Atiq Raza is making the announcements and not Jerry who has a propensity, not so much for dishonesty, but for only giving the "good news" which in Wall Street jargon amounts to the same thing and, despite disclaimers, can and has resulted in lawsuits. If this is a new controlling internal trend it probably bodes ill for the stock in the short term; but good in the longer term as AMD achieves increasing credibility with all, including especially analysts, if it is not already too late. Regards, DARBES