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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: tejek who wrote (140879)12/7/2001 5:32:43 PM
From: TimF  Read Replies (1) | Respond to of 1586575
 
BTW another company that may follow the ENE path is Ford. A small ratings firm has downgraded its debt to just above junk status and its gone thru $14 billion of cash reserves in the last two years and only has $1 billion left.


That would be shocking.

When I first looked at ford, I accidently looked a FORD, a very different company.

siliconinvestor.com

According to this
biz.yahoo.com

Ford has made money in the year to June 30,2001 but they lost 3/4's of a billion dollars in the Q to 6/30/2001. From 9/30/2000 to 6/30/2001 their "Cash And Cash Equivalents" went from $5,662,000,000 to $6,586,000,000 but their Short Term Investments went from $15,247,000,000 to $11,502,000,000. I'm not sure about the reliability of this source though it says there 6/30 recievables were $138,497,000,000.

In total their assets went up about $7bil and their liabilites went up almost $12bil. And it's probably been worse since June.

biz.yahoo.com