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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: tejek who wrote (74610)	10/8/1999 12:38:00 PM
From: tejek	Read Replies (3) \| Respond to of 1572719

I listened to the CC again to go over some issues that were raised in the past couple of days: 1. Gross Margins: As Mani posted, 28% up from 23% (reported by CFO). 2. The sale of the Communications Group does not include the following: communication chips used in southbridge applications; 3rd generations telephone and wireless chips and the embedded processor business. Networking products do go with the sale. 3. Someone reviewed the reduction of cash to $377 mil, indicating a daily burn rate of $1.2; however, in the reduction of cash there was a one time paydown of the Bank of America credit facility of $87 mil. My calculations indicate that without that paydown, the daily burn rate is actually about $200,000 to $250,000. Not good but certainly much better than $1.2. 4.One last thing, Sanders clearly said they expect to produce 1 mil Athlon chips in Q4.