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Technology Stocks : Advanced Micro Devices - Moderated (AMD)
AMD 219.83+1.1%Dec 1 3:59 PM EST

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To: peter_luc who wrote (14139)11/2/2000 8:52:09 AM
From: William T. KatzRead Replies (3) of 275872
 
AMD to buy Transmeta?

Just read a little blurb in Games Business, Oct 15. It says AMD plans on raising $2 billion in a secondary and there are rumors that it plans on buying Transmeta.

From the conf call, it sounds like the $2 billion is probably earmarked for another fab, but aside from the blurb in the German magazine PC Direkt, has anyone else heard this from more definitive sources? I'm not sure I'd be happy with a buyout of Transmeta at high prices, esp. after IBM pullback.
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