Formerly About Advanced Micro Devices Message Board

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Politics : Formerly About Advanced Micro Devices

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To: Charles R who wrote (104800)	4/12/2000 10:25:00 PM
From: Steve Porter	Read Replies (1) of 1577783

Well, I would post IRC logs, but I would probably get thrown in jail or something :P... I was actually expecting $1.20ish (even hinted at it with being $.4 low on $.83, etc.).. I'm actually a TAD disappointed that AMD didn't break 2M athlon this quarter, I REALLY thought they had a chance. Oh well... Quesiton, with AMD having a BILLION+ in cash, and expecting to sell that division this quarter (not sure how many of you caught the subtle in the CC), they are QUITE likely to take a large chunk out of their debt, thereby lowering the cost to service the debt in the future (which runs $18M a quarter apparently). I wouldn't be surprised to see the entire cash proceeds from the division sale used to pay down debt. Just something to keep in mind. Money breeds money. Steve (There, am I an analyst now.. finding bad in 100% good?)

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