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

To: Windsock who wrote (56545)	9/27/2001 2:02:54 PM
From: Milan Shah	Read Replies (2) \| Respond to of 275872

Athe end of Q2 the AMD balance sheet shows $1,057 million in cash and equivalents with debt (current and long term) of $975 million. The picture is actually much better than this. The "debt" figure includes accounts payable, but the cash-on-hand does not include accounts receivable. If you add in the accounts receivable of more than $700M, and consider the fact that inspite of being in dire straights, the major AMD OEMs are not in danger of bankruptcy, you get a much rosier picture... Milan