Formerly About Advanced Micro Devices Message Board

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Politics : Formerly About Advanced Micro Devices

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To: Wally Mastroly who wrote (64521)	7/9/1999 3:19:00 PM
From: Elmer	Read Replies (2) of 1583877

Re: "Moody's cuts Advanced Micro Devices ratings" "The rating action is based on heightened concerns regarding the company's ability to generate positive cash flow over the next several quarters given the chronic manufacturing problems related to its K6 microprocessor, intensifying price competition in its microprocessor business, uncertainties surrounding the company's ability to execute its transition to the K7 microprocessor, and growing concerns about the company's liquidity over the intermediate term." Why worry? With all the great K7 foils out there everybody's happy! EP

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