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Politics : Formerly About Advanced Micro Devices

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To: grok who wrote (63332)6/25/1999 12:16:00 PM
From: kash johal  Read Replies (1) of 1571136
 
Kznerd,

Re:" I think the point raised about the Vantis sale was not whether it was a good idea but that the cash may be be burned up in only 9 months. What if Q3 is another bad quarter? When does AMD run out of $$$$?"

Q3 will be another bad quarter possibly another $100M+ loss.

However these lossess include very heavy depreciation.

So the loosess in Q2/Q3 may well total $250M but on a cash basis the reduction in cash will likely be less than $100M.

So by end of Q3 the company will still have around $800++M in cash.

Q4 they have a chance to be profitable depending upon yields and dresden status of course.

Regards,

Kash
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