"The flash business is based on long-term contracts. It is clear that AMD can operate break-even on flash for this year, no matter what."
AMD..flash..long term contracts? Just like in 2001 - when all the Droids talked about AMD's long term flash contracts....then AMD started suing their customers - Alcatel was the first - for reneging on those "contracts". AMD went on to rack up a $58 Million loss for that year.