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: Joe NYC who wrote (4226)	10/14/2008 12:57:36 PM
From: Mike30	Read Replies (1) of 4590

I can't wait. Hopefully, the results and CC will remove Spansion from the list of companies that are mentioned (negatively) about their ability to weather the storm because of theri balance sheets... I am expecting entertaining Q/A. Well as per their 2Q CC , " short-term investment balances were $349 million, Revolver capacity at the end of the quarter was approximately $118.4 million, bringing total liquidity to $467 million" So even they lost about another $100 Million in 3Q, they should still have about $300 million left, which should keep spsn alive for 3 more Qs, So my opinion is if spsn does not cut their losses they cant survive past 2009. And I am hoping that they would be able to do some thing with in a years time, especially with all the market consolidation going on right now.

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