Shareholders kick AMD while it's down
More class action hailstones follow bad results
Posted in Business, 15th April 1999 15:15 GMT
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For a company that is supposed to be the underdog, Advanced Micro Devices (AMD), seems to be getting little respite. Yesterday evening it turned in bad financial results but the class actions just keep coming. The latest this week are from Paul Nold, David Eidman, David Wu and Hossein Mirzaie, all naming both AMD and CEO Jerry Sanders III as defendants. We're beginning to lose count, but we hope AMD's legal department isn't. ®
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