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Technology Stocks : Advanced Micro Devices - Moderated (AMD)

AMD 236.73

-6.1%

Jan 30 9:30 AM EST

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To: mas_ who wrote (256414)	10/6/2008 11:08:52 PM
From: Dan3	Read Replies (2) of 275872

The $1.3 trillion Abu Dhabi Investment Authority is ranked second after China in value of sovereign funds. When your cash reserves pass a trillion, does it count as "deep pockets?" I should note that I'm not nearly as enthusiastic about supporting an "Abu Dhabi" controlled and funded outfit as I was about AMD. Abu Dhabi can wrap a $500 rebate around every $100 CPU they sell for the next decade to build market share without noticing the cost. Looks like good times are coming for CPU buyers...

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