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Technology Stocks : Intel Corporation (INTC)
INTC 35.53-1.1%Nov 14 3:59 PM EST

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To: Paul Engel who wrote (51769)4/1/1998 9:37:00 PM
From: Mike Wong  Read Replies (3) of 186894
 
Paul,

Hmmm... I thought that stock price going up is merely cash changing hands between holders of the stock, and is unrelated to actual capital that a company needs to buy chip making equipment. Buying equipment requires cash in the bank, or a loan from a bank.

The stock value is only pertinent if AMD issues more shares, and use the proceeds.

If I am right about this, then AMD cannot bleed forever.
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