SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Advanced Micro Devices - Moderated (AMD)
AMD 218.86+1.3%1:47 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: AK2004 who wrote (74550)3/14/2002 10:43:15 PM
From: niceguy767Read Replies (3) of 275872
 
albert:

"hate to sound overly pessimistic about intel but if barrett would not get his act together we might see another enron here. Intel burns cash at incredible rate to conduct price war against virtually one fab soon - fab 30. They brought in (2B + depreciation) in cash and spent 7.5B in capex. I would guess that with stock option that would be net cash reduction ~ 5B. And as PE like to say 'and that is with "B"'. Add eso and few other things and intel maybe considering issuing bonds to cover red."

I certainly can't refute any of the foregoing...As mentioned previously, INTC revs in FY01 are flat with those of FY98 and net income in FY01 is a not insignificant $5 billion lower than in FY98...How many additional fabs has INTC added since FY98 and yet revenues are flat???

"that sounds scary"

Indeed it does!!!
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext