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Technology Stocks : Advanced Micro Devices - Moderated (AMD)
AMD 214.990.0%Dec 26 9:30 AM EST

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To: Joe NYC who wrote (200618)6/6/2006 2:52:44 PM
From: RinkRead Replies (1) of 275872
 
Joe, I posted my thinking on the Spansion board yesterday: I'd say using the proceeds to pay off more expensive debt should be seen as positive. Spansion however will use some of it for capital expenditures and daily operations, and that can't be seen as entirely positive, as it could mean that Spansion's cash flow is [too] tight.: Message 22515248

Take this one step further and the market might be wondering if Spansion will be in the green Q4 this year. That imo caused the drop. I can't be sure of profitability in Q4 either, but I don't see any reason to expect otherwise. I believe quite firmly in Spansion's short, medium and long term prospects. I bought shares instead of options because I expected the stock to grow gradually. I expect I'll be right over a medium term period. Barring unknown unexpected events.

Regards,

Rink
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