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Politics : Formerly About Advanced Micro Devices
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To: nihil who wrote (36741)9/4/1998 1:33:00 PM
From: StockMan  Read Replies (2) of 1571405
 
Nihil,
Re -- Lehman, f.i., forecasts a $.20/sh loss for Q3, or $28.7 million, which if it occurs, Stockman thinks will put AMD into default

Heres an article from bloomberg posted a while back.

Under the amended terms of the credit agreement, AMD also promised that its net
loss would not exceed $20 million for the third quarter of this year. The revised credit
agreement also calls for AMD to earn at least $1 during the last quarter of 1998.

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