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To: ptanner who wrote (166654)6/20/2002 7:32:07 AM
From: Dave  Respond to of 186894
 
PTanner,

Those numbers, which you grabbed from AMD's annual report, describe an off balance sheet financing to lease some equipment. Now, mind you, this is perfectically legitimate.

Since AMD Saxony is a wholly owned subsidiary wouldn't its financial statements be wholly contained with AMD's own statements?

It seems as if you answered your own question.

Anyways, AMD has over $1B in LT debt and 400m coming due in the next 365 days.

It appears that AMD is still very liquid when comparing Assets to Liabilities.

However, this latest warning from AMD could be troublesome for AMD.