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Technology Stocks : Intel Corporation (INTC) -- Ignore unavailable to you. Want to Upgrade?

To: wanna_bmw who wrote (144804)	10/8/2001 8:16:57 AM
From: GVTucker	Read Replies (2) \| Respond to of 186894

wanna_bmw, RE: $664 million is in short term investments, which are not as easy to become liquid if AMD needed it. Nah, it's basically cash. From the 10-K: Short-term investments: Certificates of deposit $ 10,121 Commercial paper 237 Money market auction rate preferred stocks 181,279 Municipal bonds 246,447 Federal agency notes 46,197 Floating rate notes 170,369 ---------- Total short-term investments $ 664,663 ========== That's basically cash. The muni bonds are the only thing that might be tough to liquidate, but they're short bonds, so the market is very liquid. You can turn the whole thing to cash in a day with minimal cost. Personally, I'd question their use of tax-free stuff in the portfolio, but that's another discussion.