Thursday, June 30, 2005

The PDF containing the AMD-Intel Complaint

I have been an AMD shareholder for the past ~6 years (shortly after AMD successfully launched the first Athlon processor).  I read a decent majority of the complaint linked above.  It makes me want to cry.

AMD has apparently been working very hard to be successful and Intel has apparently been working very hard to stealthily kill AMD's chances to increase market share in the face of AMD's technical superiority across many mass market product lines.  It's amazing how much of the plot AMD has reverse engineered.  I'm sure it has taken years for AMD to gather all the information it has about Intel's intentionally stealthy plots.  Hopefully, legal discovery will allow AMD to much more quickly build a lengthy fact filled case against Intel.  If I was an Intel shareholder (i.e. naturally biased against AMD) and the judge for this case, I would be pretty persuaded to AMD's cause just by reading the complaint which is very damning of Intel.

I want to cry because over the last 5 years instead of seeing my AMD stock increase in value, I was (on paper) down ~90% at one point in time.  If it turns out that was because of Intel doing very illegal things, I will be very angry.  I did sell some of my AMD stock during the last 5 years and that sale was at a price that was (theoretically) lower than it would have been had Intel been (allegedly) competing in a legal and legitimate way.  I don't think there is any way for me to be compensated for that loss though (the Enron shareholders obviously had it MUCH worse; I am starting to feel their pain).

I guess now is a good time for me to put my money behind my beliefs.  I'd love to short Intel to zero.  :)

6/30/2005 3:55:52 PM (Central Standard Time, UTC-06:00)  #    Disclaimer  |  Comments [1]  | 
6/30/2005 8:23:57 PM (Central Standard Time, UTC-06:00)
I can't say I'm surprised. Even though I don't personally own AMD stock, I am seriously disgusted by this kind of anti-competitive behavior. I tend to root for the underdog companies in general, though that's not the only reason why both of the computers I have personally purchased have AMD inside. I'm very unhappy to hear about this kind of thing as a consumer and reluctant supporter of capitalism. These kinds of free-market undermining activities negate the most positive properties of our economic system.

Here's hoping that justice is served in this case, (whatever that means) when all the cards are on the table. I don't have high hopes, though, considering what happened (or more accurately, mostly failed to happen) to MSFT.

AMD deserves a fair fight. If these accusations are true and they'd have gotten one, they'd have crushed Intel.
Dan Tull
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