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Technology Stocks : Rambus (RMBS) - Eagle or Penguin
RMBS 94.69-0.8%3:59 PM EST
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To: Zeev Hed who wrote (55058)9/25/2000 12:39:33 PM
From: Bilow  Read Replies (1) of 93625
 
Hi Zeev Hed; Re cap-ex and AMD. I think what Dan3 was saying is that AMD spent the cash flow from their other fabs to build Dresden. It was well known (and commented upon frequently on the AMD threads) that the depreciation of Dresden had not yet hit the profit line. The nature of the original question was, "where did AMD get all that money for Dresden when they were losing money?" Dan3's answer was along the line of "AMD had cash flow, even though they had negative earnings."

-- Carl
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