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

To: hmaly who wrote (83300)	6/23/2002 2:19:37 PM
From: Monica Detwiler	Read Replies (1) \| Respond to of 275872

and still maintained their cash balance at 1 billion. Maintained? Hardly. Yes, AMD claimed that they expect to have $1 Billion in cash/equivalents at the end of Q2. However, you are neglecting the fact that they started Q2 with $1,276,723,000 in cash/equivalents. Ergo, AMD will have dissipated $276,723,000 from their cash/equivalents this past quarter - a 21% drop in only one quarter.