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

To: grimes who wrote (200620)6/6/2006 12:25:04 PM
From: dougSF30Read Replies (1) | Respond to of 275872
 
240M of privately placed debt -- but 175M (or is it 167M?) is going toward debt that AMD was forced to back around the time of the IPO, so that part should be expected.



To: grimes who wrote (200620)6/6/2006 12:48:53 PM
From: Joe NYCRead Replies (1) | Respond to of 275872
 
grimes,

Didnt they announce some sort of financing late yesterday?

Yeah, I noticed it yesterday. I don't know if the therms are especially bad, but it is something that was expected, IMO.

From listening to the CC, they appeared to be a little low on cash, and this fixes that problem. As long as the fundamentals have not changed, the note issuance should have been viewed as positive...

Joe


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