AMD Gets Kicked While It's (Still) Down

Updated from 12:46 p.m. EST

SAN FRANCISCO -- Longtime investors in chipmaker Advanced Micro Devices(AMD Quote) are used to disappointment -- why not end 2008 with another bleak signpost for the months ahead?

The company reported late Monday in a Securities and Exchange Commission filing that it laid off 100 more workers than expected during its most recent quarter (a total of 600), which would also result in a charge of $70 million, $20 million more than previously projected.

That's not the really disappointing part -- for investors, not for the additional 100 now without jobs -- and it even led one media outlet to post the unfortunate headline earlier Tuesday "Intel(INTC Quote), AMD Lead Broad Advance by Chip Issues." ...