Yep, remember when Intel said the poor state of economy was caused by AMD? Besically they said that the MHz race and the price war was responsible for people now owning faster computers than they needed. Which meant that people could no longer justify purchasing new systems. Supposedly, if not for AMD, all those people would have bought Pentium III 500's instead of PIII 1000's 2 years ago, then needed to upgrade last year, then again this year...Pick a point in time, the price was too low for the fastest processor. According to Intel it was all AMD's fault. According to Intel I can't get a job as a mechanical designer in the Automotive industry because AMD cut prices too far!
AMD investers were also unhappy about the price ware because it pushed per unit profits down too far. So AMD decided that they would go back to being a cheap substitute for an Intel, kind of like in the K5 days, instead of a top notch competitor. That way Intel would be able to manipulate the prices any way they wanted, and AMD would always set theirs just low enough where it didn't cause a price cut on Intel's part.
This is my interpretation of the events and public statements made by the two companies. But I remember for certain that at the end of it all, AMD made a statement to the point that they were going to focus directly on the middle performance segment of the PC industry rather than try to compete at the top, simply becuase this is the largest market segment.
<font color=blue>By now you're probably wishing you had asked more questions first!</font color=blue>