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

To: Lizzie Tudor who wrote (105534)11/11/2003 7:47:45 PM
From: DRBESRead Replies (1) | Respond to of 275872
 
(edit) A lot of the financing can be debt from the hosting country or NY state. (As it was with the Dresden facility.) If Ruiz (with Jerry's help. He (Jerry), by the way, has been good at it in the past.) plays it the way I think he will, he will play China and every other country in the running off of New York until POOOTAWKEE agrees to pay for almost all of it with 2% interest loans to AMD.

With IBM as a partner, by some stretch, it is possible that AMD may not have to come up with very much up front cash at all.



To: Lizzie Tudor who wrote (105534)11/11/2003 10:26:45 PM
From: combjellyRead Replies (1) | Respond to of 275872
 
"I keep seeing 3 billion"

Probably. It's somewhere around $1 billion for the building, water purifiers, air scrubbers, etc. The rest of the money is for the chip making equipment itself. They don't need all of it up front, but there will be a fair chunk that is needed before they break ground, I'm sure the equipment manufacturers want some money up front.


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