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To: Mark Brophy who wrote (4399)2/13/1998 12:46:00 PM
From: Paul Engel  Respond to of 6843
 
Mark - Re: t AMD has limited downside due to the breakup value?"

I don't think much about this.

Heck, even a dead horse as "value" when you consider the glue factory will pay something for the carcass.

Paul



To: Mark Brophy who wrote (4399)2/13/1998 1:32:00 PM
From: StockMan  Respond to of 6843
 
Mark,
Re -- Do you agree with the contention of the article that AMD has limited downside due to the breakup value?

That article did not mention AMD's debt. It also estimated the value of some of the businesses at 2X revenues (not a reasonable estimate for commodity, low margin, non competitive businesses).

Stockman