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Politics : Formerly About Advanced Micro Devices
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To: DRBES who wrote (40525)10/31/1998 8:28:00 PM
From: nihil  Read Replies (1) of 1573909
 
RE: Parity with INTC

Earnings and sales are only part of the issue. AMD is heavily in debt, and Intel isn't. As the boys say, 2000 could be hell, and no one is going to award a heavily indebted company a high multiple. Can AMD
earn a billion in cash next year?
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