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Politics : Formerly About Advanced Micro Devices
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To: Tenchusatsu who wrote (174630)8/27/2003 12:56:07 PM
From: tejek  Read Replies (1) of 1583554
 
Just read their latest 10 Q they submitted recently. Like the previous 10 Q, it states that accounting controls are weak but they are correcting them, and that they are in default of their credit line but the bank is working with them. In their CC, they stated they were well on their way to revamping their accounting controls. Now, I am not so sure.

I am watching the stock and may sell half my position today and reduce my exposure. However, if it starts to recover, I may simply put in a stop loss. I will let you know what I do.

ted

EDIT. For the first time today, there are more buyers than sellers.
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