Intel Corp (INTC)

[subzero]

Dew - "But that’s an artificially low figure because it’s not adjusted for the effects of AMD’s buyback of excess inventory from the OEMs."

Then AMD's own market share numbers for the second - and probably first - quarters of 2002 were lies and need to be restated - since AMD based their claim on CPUS shipped in those quarters - many of which did NOT sell through and which had to be bought back by AMD.

Moreover, as AMD's CPUs fall behind Intel's CPU speeds, the value of those AMD chips that AMD repurchased will be dropping to very low numbers - necessitating a write off - or a write down - or whatever.

Look for AMD to greet shareholders with even more bad news when they properly account for the gargantuan channel stuffing.

By the way - 11.6% market share means AMD only shipped about 3 or 4 million CPUs in the third quarter - pretty pathetic.

-SZ