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To: Dave who wrote (138830)7/9/2001 12:48:58 AM
From: Joe NYC  Read Replies (2) | Respond to of 186894
 
Dave,

While partially true, the reason why AMD had a net positive cash wasn't due to operating cash flow, it was due to the fact that AMD tapped the debt market for about 3-400M.....

Can you clarify please? What time period are you talking about. All the recent activity of AMD in the debt market was either conversion of convertible bonds to stock (with no impact on cash position) and repayment of some high interest debt (which if anything, would reduce cash position).

Joe