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Technology Stocks : Advanced Micro Devices - Moderated (AMD) -- Ignore unavailable to you. Want to Upgrade?


To: Charles R who wrote (21284)12/1/2000 2:53:07 AM
From: minnow68Read Replies (1) | Respond to of 275872
 
Chuck,

You wrote "). I am baffled why the management has not taken any action on buy backs yet (a 10Mu share buyback which will hardly dent the cash flow this quarter)."

AMD probably has enough cash on hand to buy back 10% of all outstanding shares and still have a billion in cash in the bank.

What a great boost to the EPS that would be...

Mike