Advanced Micro Devices Inc (AMD)

[bobs10]

Well like I said I see a window for INTC to catch up from H205 through about H106 before fab35 comes online, but I really doubt INTC has the ability to close the gap. Until H205 AMD should be golden.

I would feel better about INTC if I some original thinking. So far it appears that INTC has just latched onto every idea AMD has come up with lately. I wonder how much longer it will be before we hearing about an INTC EMMA?

The real problem seems to be that INTC's management is still coming up with solutions that were applicable to middle 70's to middle 90's problems. Coming up with a proprietary Itanium to compete in a dying "Big Iron" market was one of the most bone headed ideas imaginable. Creating the P4 as a speed demon at a time when it was becoming obvious that other factors were becoming more important to processor power was another bone headed mistake that INTC will pay for quite awhile.

Then there's the matter of deworsification (per Peter Lynch) that INTC has gone through. I'm sure I'm wrong but I can't think of a single money making product that INTC has produced since it got on the diversification bent.

I see all the above as character flaws in INTC management. The willingness of management to look for the easy solution in non-competitive solutions. The willingness to push what worked in the past rather than looking for new ways to do things and the inability to direct the company into new profitable products are things that won't be fixed by present management.

INTC had a gold mine. Admittedly the problems INTC has didn't occur overnight, but just 2 years ago AMD was on the verge of bankruptcy. To have let a pip-squeak company like AMD with one fifth the R&D resources of INTC take a technology lead in almost every product line was unconscionable. All INTC had to do was just keep grinding AMD slowly into the ground but B&O in their infinite wisdom opened a window for AMD that will probably never be closed. The guys running INTC are buffoons of the first order and should be taken out and shot.