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


To: FJB who wrote (219881)12/10/2006 1:16:12 AM
From: economaniackRead Replies (1) | Respond to of 275872
 
Robert, re "They have just spent 5 times their current assets to buy a company which is probably losing money.

That is incorrect."

Which part?

oops I hadn't realized AMD had managed to get to $2.6 billion in cash guess I really haven't been paying attention. So just twice their current assets seems a lot more reasonable. Maybe my stomach will stop flopping everytime I think about the acquisition.

thanks for the heads up.

e