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Technology Stocks : Spansion Inc.

CY 23.82

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Apr 16 5:00 PM EST

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To: Biomaven who wrote (711)	11/10/2006 6:36:00 AM
From: brushwud	Read Replies (2) of 4590

Is Intel really just going to keep losing $400m a year plus the capex required to keep competitive? There has to be some turnaround plan, and a firesale makes most sense. Wasn't that also true last year and the year before? Their loss this year is overbudget, but I'm confident they can succeed in getting NOR losses back below $200M/year. The trouble is, we may be going back to not knowing exactly how badly they're doing in NOR. According to their 10-Q, "The Flash Memory Group operating segment includes NOR flash memory products designed for cellular phones and embedded form factors, and NAND flash memory products manufactured by IMFT that are designed for digital audio players and memory cards."

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