Intel Corp (INTC)

[imho]

jhalada,

re: Spansion How is it that in a booming market, where capacity is constrained, deliveries are being stretched, nobody is making any money?

Nobody is making any money? How do you know that? We know Spansion is not making any money and we know the reason. Straight from the horses mouth:

http://biz.yahoo.com/e/051128/amd8-k_a.html

"However, the Company expects the Memory Products Group to incur an operating loss in the fourth quarter of fiscal 2005, primarily because Spansion's fabrication facilities are not operating at full capacity due in part to constraints in Spansion's testing capacity for some of the Flash memory products ordered by customers during the quarter.

Spansion is a mess. They cant make a profit with AMD and Fujitsu actively involved in their operation. You think that without them things will get better?

IMHO