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

To: kapkan4u who wrote (88068)	9/13/2002 2:22:29 AM
From: ptanner	Read Replies (1) \| Respond to of 275872

Kap, re: "AMD cosigned FASL loans with Fujitsu. If Fujitsu ends up with huge liabilities, AMD may not be spared either." Thanks for the link as I have a Fujitsu drive -- which I replaced under warranty once already. I will investigate. WRT the potential loss and any impact on AMD I think this is a little alarmist. The projected costs for the drive replacement are expected to be over 10B yen. (This works out to roughly $10/drive which seems far too low even for the administrative component.) In context... Fujitsu loss 383B yen ($3.2B) last year. FASL's obligations may be covered by its assets... with the Fujitsu and AMD guarantees providing for lower interest costs. BTW, was there any resolution on the Gresham fab loan guarantee ($125M ?) that Fujitsu thought AMD needed to cover? -PT