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

To: dougSF30 who wrote (156135)4/13/2005 7:52:19 PM
From: PetzRespond to of 275872
 
I believe the question of whether AMD was selling any shares was asked, and the answer was, NO. Not sure of Fujitsu, I only reard the tail end of the opening statement. /Petz



To: dougSF30 who wrote (156135)4/13/2005 8:40:09 PM
From: brushwudRead Replies (1) | Respond to of 275872
 
I wouldn't say "usually". Sure, after the IPO, AMD could sell its Spansion shares for cash. But the proceeds of the new shares issued for the IPO flow to Spansion only.

My comment was about IPOs in general. If you've determined that AMD isn't selling any shares in the IPO, that doesn't contradict my statement.

Here's a prospectus from a recent IPO:

sec.gov

You can see the selling shareholders on page 77.


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