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

To: Road Walker who wrote (82991)	6/19/2002 7:18:36 PM
From: tejek	Read Replies (1) \| Respond to of 275872

re: a cash burn of $3 billion in two years and a stock in the teens. Acquired a lot of (admittedly worthless) companies with cash in that period. Also, I show a INTC close of $20.09, that's not usually considered "the teens". John, in the last couple of days, some of the INTC longs have implied INTC is somehow immune to the pain that AMD is experiencing. That's why I decided to point out that if things were that good for INTC, cash would be increasing and the stock price would not be drifting towards the teens. But in the process of trying to bring a balance to their stinging and somewhat controversial commentary, I jumped ahead of the stock by stating as fact what everyone still anticipates......that INTC will be trading in the teens soon. Having said that, there was a concerted effort to keep INTC above $20 today. Who knows......they may be successful. Hope all is well with you. ted