Intel Corporation (INTC) Message Board

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Technology Stocks : Intel Corporation (INTC)

INTC 34.50

+2.6%

Nov 21 9:30 AM EST

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To: kash johal who wrote (109481)	9/8/2000 12:43:51 AM
From: The Duke of URL©	Read Replies (1) of 186894

<A new 12" fab will cost amd around $2bn and expenditures will be spread over 2 years and there will be the lucrative tax credits.> I don't believe it will get that far. Remember, AMD borrowed 2B, short term. That $ is due real soon now. I would be almost sure that that lender has put pressure on AMD to repay that line. Even with AMD's recent recent profitability, they are not making nearly enough to pay that loan off, much less, in addition commit to new capital expenditures. Wouldn't it be fun to find out (and I'm just noodling here) that the lead lender on the line of Credit is US Bancorp, who owns Piper Jaffray, who employs Ashook Kumar??? :)

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