Formerly About Advanced Micro Devices Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : Formerly About Advanced Micro Devices

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Maxwell who wrote (30502)	3/31/1998 2:49:00 AM
From: Yousef	Read Replies (3) of 1572195

Maxwell, Re: "It is all true." There is some very interesting and what I consider "bad news" in this announcement: biz.yahoo.com "Rothdeutsch said that the rumors are that AMD is looking to sell an approximately 25 percent stake in the company to obtain some much-needed cash. AMD's cash has been drained by its moves to add more manufacturing capacity to address its yield woes." "In general, they are in a cash crunch,'' Rothdeutsch said. ''They have a debt service due in May...and a cash infusion would allow it to meet that debt." So Maxwell, AMD will "give away" 25% of the company to raise some quick cash to pay interest on their debts. So does that mean that everyone's stock just was depreciated by about 25% ... Doesn't sound so good to me. Unless you are just looking for "short term" trading. Does this really sound like a "healthy" company to you, Maxwell ?? Make It So, Yousef

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next