If Intel loses $2 billion a quarter (which is highly probable, BTW), it will BK in just two quarters. Of course, it can last a bit longer by liquidating assets, but in any case, it won't take too long for it to BK.
"Please elaborate on this comment before I assign you to my working list of "special" posters." I am not there already? The P4 has been at best competitve with the A64 for a while, while sucking a lot more juice. But it wasn't until last year that AMD really started to gain mindshare.