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

To: minnow68 who wrote (21285)	12/1/2000 1:09:47 PM
From: Charles R	Read Replies (1) \| Respond to of 275872

Mike, <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.> That's about right. I can understand if the management wants to have $1B cushion given the near-bakruptcy experience in the past but I see little point in not using the remaining money to do stock buybacks. It is a good message to the investment community and a great investment. And it also helps boost employee morale and reduces turnover. I am amazed at the lack of action on this front. Chuck