Formerly About Advanced Micro Devices Message Board

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Politics : Formerly About Advanced Micro Devices

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To: tejek who wrote (74390)	10/7/1999 12:24:00 AM
From: exhon2004	Read Replies (2) of 1572772

tejek: re Drew Peck's comments: AMD's current ratio deteriorated from 1.9 at the end of 1998 to 1.5 at end of q3. More ominously, their cash position plummeted 46% from $697M to $377M in the same time frame. Their cash burn rate is $1.2M per day. This means the operation Sanders is proposing selling at $80M is worth 68 days of cash to amd at historical cash burn rates. (Assuming they have a buyer at $80M). Peck has good reason to temper any enthusiasm over the potential of athlon with questions about amd's future as a going concern. Greg

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