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Technology Stocks : Advanced Micro Devices - Moderated (AMD)
AMD 214.11+3.9%Nov 26 3:59 PM EST
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To: dougSF30 who wrote (185508)1/27/2006 3:40:34 PM
From: neolibRead Replies (1) of 275872
 
You're still upset over a secondary offering that netted them ~ $566B for ~3.5% more shares? That was a great move.

Even at $566M it was a great move. Sometime last year I posted here that I hoped AMD would net $1B to $1.5B from stock while they had the chance, unlike the disaster of pricing at $100/sh at the peak, an not getting any. AMD's debt situation is looking much nicer to me. If they do announce the next Fab and start working on it, that money will will certainly be nice.
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