AMD Loses President and Cash

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Just so you guys dont go thinking everything is just picture perfect over at AMD, This press release just went out over the bis wire announcing that the president of AMD has resigned after the announcement of some major money losses the past quarter. AMD had made statements prior to this announcement that they would be posting a loss however, so it is not much of a surprise. The loss of their president however is a stinger. Thanks AMDZone

Steve Gibson is the cofounder of Shacknews.com. Originally known as sCary's Quakeholio back in 1996, Steve is now President of Gearbox Publishing after selling Shacknews to GameFly in 2009.

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From The Chatty
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    July 14, 1999 6:38 PM

    Man... what a wuss, in my opinion. Give \'em a month, and AMD might be cashing in on the K7. He shoulda stuck around \'till then.

    mgP

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