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Saturday, July 02, 2005 12:01:31 PM
1) O'Melveny & Myers are about as high profile as you can get, and one of the most feared legal shops. They don't make mistakes, period. Every document is poured over before it leaves their office. This is not true of many attorney firms, even high profile ones in Century City - O'Melveny & Myers is the real deal. Trial court judges just about roll over and sign the order when they see a brief from these guys.
2) The amount of damages is set at 3x actual damages by statute. This is not a slip & fall where the jury has to set the amount so it cannot be reduced on appeal ("shall" is the word). The wiggle room will be small. Once Intel is found guilty, and it will be as sure as eggs is eggs, it is then a matter of AMD filing its damages. I'm not sure if any of the causes of action will ADD to this amount extra punitives but I believe the 3xactual will just about clear out Intel's cash anyway and I suspect any Sherman Act reparations will be more in the way of preventing further abuses.
3) This will not drag on and on. Statements from AMD and the quick off-the-mark letters that the Inq has published indicate to me that AMD is not going to settle, that is wants no delay. Once interrogatories are served there is 30 days to respond, then AMD will serve demand for inspection of the actual documents identified in the interrogatories - another 30 days. Failure to comply will be met with a motion to compel - another 30 days from filing to hearing. In short, Intel has very little room to delay the process.
4) Even using such a high profile legal firm the costs of this suit are negligable for AMD, less than $20m I suspect. Claims that it will be $15m per qtr (UBS) are nonsense. Even at $20m AMD will get the very best that money can buy.
5) Looking at Otellini I can't but help feeling that he will make a very unsympathetic witness. He looks to me like a nasty schoolteacher.
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