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Technology Stocks : Spansion Inc.
CY 23.820.0%Apr 16 5:00 PM EST
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To: Joe NYC who wrote (3488)4/1/2008 3:00:41 AM
From: Rink   of 4590
 
Spansion rating lowered to 'Caa1', outlook cut to negative - Moody's. From March 24.

Reasons are abundant: Operational performance, weak liquidity, decreased cash flow, current large capital spending projects, market uncertainties, and excess production capacity on the market.
forbes.com

Regards,

Rink
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