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Technology Stocks : Advanced Micro Devices - Moderated (AMD) -- Ignore unavailable to you. Want to Upgrade?

To: Monica Detwiler who wrote (77393)	4/17/2002 3:09:21 PM
From: Petz	Read Replies (1) \| Respond to of 275872

AMD also doesn't have $9.2 Billion in cash on their balance sheet - but Intel does. Monica Well, you seem to ignore the fact that Intel has accounts payable of $4.6B and income taxes due of $1B but only $2.9B of accounts receivable. So their real cash is $6.5B. That is 96% of one quarters sales. Let's do the same exercise for AMD: (Cash $0.87B + AR $0.66B - AP 0.30B - IT 0.06B) / QSales 0.95B = 123% Of course, in a few hours we'll have Q1 numbers for AMD, but I doubt the comparison will change: RELATIVE TO IT'S SIZE, AMD HAS MORE CASH THAN INTEL Petz