AMD:News, Press Releases and Information Only! Message Board

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Technology Stocks : AMD:News, Press Releases and Information Only!

AMD 199.50

-7.2%

11:21 AM EST

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To: greg nus who wrote (3024)	12/20/1997 1:46:00 PM
From: StockMan	Read Replies (1) of 6843

Nusance, Re -- due to woopping income tax refund from the US goverment. Nope, Uncle Sam does not give money back, you can only show tax adjustments on the books. Re -- .At the rate there going it would take four years to burn through the almost $500,000,000. in cash AMD has. Not really, last Q AMD lost about 65 mil before taxes. This Q, they will loose more.. and the Q after next even more, They have to buy .25u equipment, its not cheap. Pretty soon they will have to lay off people and cut costs.., their fab is mortgaged to the hilt, and they would have spent it all.. and soon bankruptcy... Be prepared with your lawyers Nusance Stockman

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