InvestorsHub Logo
Followers 10
Posts 778
Boards Moderated 0
Alias Born 03/18/2003

Re: jay1000 post# 86426

Thursday, 12/17/2009 12:56:43 AM

Thursday, December 17, 2009 12:56:43 AM

Post# of 151682
jay1000,

When Intel gave AMD 1.5 BILLION DOLLARS; it opened itself up to all kinds of future accusations of wrong doing, liability,and extortion (of course).
It will always be perceived as an admission of guilt.

In my opinion it was a disastrous, foolish and short sighted decision.

Giving away 1.5 BILLION DOLLARS to it's inferior whining rival was a dreadful mistake. I wonder if the Intel's chief council quit in disgust because of this.


I agree, especially when the focus is on Intel shareholders (nothing will hinder Intel technology). Consider that even with Intel paying AMD, AMD counsel continues to pile on to this garbage by welcoming the FTC's action. What exactly did Intel gain with the settlement? Philip Morris is surviving and flourishing after it was dragged in front of judges and juries, and with a weaker case, in my opinion. Intel failed to see that their image has as high a value as their brand. They would be willing to fight for one, but not the other.

IMHO

Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent INTC News