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Technology Stocks : Advanced Micro Devices - Moderated (AMD)
AMD 221.42-0.1%Dec 10 3:59 PM EST

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To: Harvey Allen who wrote (38871)5/10/2001 3:52:15 PM
From: PetzRead Replies (1) of 275872
 
Harvey, re:<TheStreet.com: But for Intel to put up a fabrication plant would cost them $2 billion. Not too many companies have that kind of money, including AMD>

Obviously TS.com hasn't looked at AMD's financial statments lately. AMD had 1.6 Billion in cash already at the end of Q1, and if AMD had let their accounts payable grow as large as Intel'sl (81% of quarterly revenues), AMD's cash balance would have been would have been $2.17 billion.

Petz
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