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drjohn

07/23/03 11:46 AM

#9502 RE: Elmer Phud #9499

"We are like the American bullfrog. No one wants to swallow it, because it possesses a deadly poison. AMD also has such a poison: We compete with Intel," Ruiz said.

Elmer I can't believe Ruiz was stupid enough to say something like that in public, its one thing for a public corp. to have
a poison pill to prevent hostile take over, it's another thing
for the CEO to say we don't need a poison pill because no one
would be stupid enough to take us over and compete with our
competitor. This speaks volumes for Ruiz's disregard for his
own shareholders, it makes it look like AMD management is their to milk the company for their own pockets kind of reminds me
of the former CEO what’s his name.

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wbmw

07/23/03 12:12 PM

#9510 RE: Elmer Phud #9499

Elmer, Re: "We are like the American bullfrog. No one wants to swallow it, because it possesses a deadly poison. AMD also has such a poison: We compete with Intel," Ruiz said.

There is a certain humerous irony to AMD's words. Just ask UMC and all the other companies whose money AMD was very good at using. <G>

And this does not mention what kind of poison Intel has been to AMD, especially in the way of earnings. :-(
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subzero

07/23/03 12:47 PM

#9520 RE: Elmer Phud #9499

AMD's Ruiz ...In an interview with weekly magazine WirtschaftsWoche, "

Isn't WirtschaftsWoche a German publication?
I guess Hector was over in Dresden renegotiating those loan agreements that have money coming due real soon now and may be in default.