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


To: Charles Gryba who wrote (83276)6/22/2002 5:07:54 PM
From: kapkan4uRead Replies (2) | Respond to of 275872
 
<Kap, what other sources of financing does a company in AMD's shoes have?>

Jerry has always had a problem of putting employees before the shareholders. He has this "AMD is my family" philosophy, shareholders be damned. Not a good attitude to have in the current economic environment.

AMD has to bite the bullet and go for extreme measures of cash preservation. This means severe cuts in non-critical payroll and costs. I don't see the current nonchalant attitude changing yet.

Kap