Spansion Inc. Message Board

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Technology Stocks : Spansion Inc.

CY 23.82

0.0%

Apr 16 5:00 PM EST

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To: KeithDust2000 who wrote (4064)	7/30/2008 8:49:21 PM
From: Joe NYC	of 4590

Keith, The guy analysed financial statements, without really knowing what is behind these changes. Interest Income / Expense: Capex for SP1 age up a lot of cash and short term assets and increased debt. Without SP1, Balance sheet would no doubt look better, but Spansion would be destined to play second fiddle to someone willing to make such investment. Drop in marketable securities: Majority of that was most likely holding of Seifun shares. Spansion now owns all of Seifun, and no longer has "marketable securities" of Seifun. It acquired IP, that may prove valuable in the future. Joe

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