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To: Joe NYC who wrote (156655)1/24/2002 2:15:41 AM
From: Paul Engel  Respond to of 186894
 
AMDroid Joe - Re: "INTC happens to have more LT debt ($972 million) than AMD ($672 million)."

Check back tomorrow - I predict AMD's long term debt will exceed Intel's Long term debt by late tomorrow - or early Friday.

Of course - AMD has more cash than Intel - right, Joe?



To: Joe NYC who wrote (156655)1/24/2002 2:46:35 AM
From: wanna_bmw  Read Replies (1) | Respond to of 186894
 
Joe, Re: "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."

Try calculating the ratio of IBM's and GE's long term debt to their yearly revenues, and then compare your result with AMD's, and see what you find.

wbmw



To: Joe NYC who wrote (156655)1/24/2002 7:18:43 AM
From: Dave  Read Replies (1) | Respond to of 186894
 
Jozef,

Comparing arbitrary number, such as AMD's and INTC's LT Debt, is childish. However, are you sure that AMD has only 672M of LT Debt, or are you not including the current portion of their LT Debt?

One should compare Debt to Assets or Debt to Equity. AMD is more leveraged.



To: Joe NYC who wrote (156655)1/24/2002 12:23:11 PM
From: Tony Viola  Read Replies (3) | Respond to of 186894
 
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, isn't AMD's new debt instrument one that's convertible to common stock, which will result in dilution of the stock? When's the last time any of those other companies you mention diluted their stock this way?

Tony