Advanced Micro Devices - Moderated (AMD) Message Board

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Technology Stocks : Advanced Micro Devices - Moderated (AMD)

AMD 231.80

+1.7%

Jan 16 3:59 PM EST

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To: TimF who wrote (228194)	3/16/2007 1:46:00 PM
From: golfbum	Read Replies (2) of 275872

amd's own estimate in the december "happy hour" was that they would be $500M cash flow negative in '07. that was before the january and february "surprises." they haven't chosen to update their numbers as yet. i'm guessing they'll blow half their cash this year putting them south of $700M. that's why they need to net at least $1B from some offering very soon. i'm guessing it will be right after the presumed approval of outstanding share doubling at the (whenever?) stockholders meeting. gb

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