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Technology Stocks : Intel Corporation (INTC)
INTC 37.83-4.3%Dec 12 3:59 PM EST

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To: Elmer who wrote (166537)6/18/2002 8:58:39 PM
From: COMMON_SENSE  Read Replies (1) of 186894
 
AMD owes over $1 billion to the Dresden Capital Facility Loan Line they got when the commmitted to their Dresden plant a few years ago.

It all has to be repaid and they have borrowed already to the hilt.

There is no way they can pay that back. AMD needs a deep pocket partner and I suspect they are looking desperately everywhere. It won't be Microsoft. Not a Japanese or Taiwan company. Not any software company. In fact, I see nobody on the horizon who can take a $5 billion investment in a poker shot.
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