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

To: Tenchusatsu who wrote (152725)	12/17/2001 5:22:20 PM
From: AK2004	Respond to of 186894

Ten re: So talking about net positive cash flow in the face of negative profits is irrelevant, in my view. Amd's positive cash flow was an example how manufacturing expenses alone maybe misleading. I was not justifying amd's negative earnings. Regards -Albert

To: Tenchusatsu who wrote (152725)	12/17/2001 5:23:19 PM
From: Robert Salasidis	Read Replies (1) \| Respond to of 186894

On the other hand, having net positive cash flow (or EBITDA) means that they are likely not buring up cash, so are not in any immediate danger. The danger comes in later, if they don't have enough cash to fund future upgrades to their fabs. If they decide to just use Taiwanese manufacturing, then that is likely going to hurt their margins, and further decrease their competitiveness vs Intel (ie TSM or whoever won't be working for free for them). In summary therefore I think that nless they can get hammer out the door on time, and have it be a success, they are in trouble come 1-2 years down the road.