Intel Corporation (INTC) Message Board

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Technology Stocks : Intel Corporation (INTC)

INTC 40.38

-2.5%

2:19 PM EST

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To: Dan3 who wrote (147578)	11/13/2001 8:19:52 AM
From: herb will	Read Replies (2) of 186894

Dan, "If they'd kept their bonds constant, their working capital would be up $165 million for the time since Intel started selling P4 - which was going to "bury" AMD, right?" No not right. The Long Term Debt was converted to Equity and did not effect working capital. AMD did not pay the debt off with cash. The debt was exchanged for stock. Your own stock interest got diluted, Dan. I am amazed you didn't know this. AMD working capital is getting sucked away by operating losses, Dan Herb

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