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To: Tony Viola who wrote (156636)1/23/2002 10:20:21 PM
From: C_Johnson  Read Replies (1) | Respond to of 186894
 
OK, what's the big secret? What's AMD doing with the loot?

One of the rumors floating around the investment world is that they plan to use the money to buy a stake in UMC:

asia-links.com

Carl



To: Tony Viola who wrote (156636)1/24/2002 1:12:08 AM
From: Joe NYC  Read Replies (4) | Respond to of 186894
 
Tony,

Strong companies spend from cash or stock. Weak companies, like AMD and MOT, borrow.

This will be a very distressing news to many investors especially those of IBM (with $17 billion - yes that's b) and GE (with $81 billion) of LT debt. These companies are so weak that by now, I am sure they are penny stocks.

BTW, INTC happens to have more LT debt ($972 million) than AMD ($672 million).

Joe



To: Tony Viola who wrote (156636)1/24/2002 2:32:04 AM
From: AK2004  Read Replies (1) | Respond to of 186894
 
Tony
re: Strong companies spend from cash or stock. Weak companies, like AMD and MOT, borrow.
you just have to publish that one - sure nobel prize winner :-))