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: aleph0 who wrote (235561)	7/3/2007 8:04:54 AM
From: niceguy767	Read Replies (1) of 275872

"One has to wonder whether the fact that AMD owes BigMoney a lot of cash has something to do with "supporting" the stock price !" Difficult to wonder anymore...The only way those 2 x $2B loans get paid off is via transfer to the shareholder. Expect an 100m share issue before long at current levels with the 2 x $2B bondholders providing the floor and taking on shares as required. Given the decimated balance sheet, there is only one possible way for the 2 x $2B bondholders to get paid off: by transferring debt burden to the common shareholder.

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