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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: AK2004 who wrote (30699)	4/1/1998 12:32:00 AM
From: StockMan	Respond to of 1572437

In the event the Company is unable to obtain the external financing necessary to meet its covenants under the Credit Agreement, it will also be unable to fund its capital investments planned for 1998. In addition, in the event the Company is unable to meet its obligation to make loans to, or equity investments in, AMD Saxony as required under the Dresden Loan Agreement, AMD Saxony will be unable to complete Dresden Fab 30 and the Company will be in default under the Dresden Loan Agreement, the Credit Agreement and the Indenture, which would permit acceleration of indebtedness, which would have a material adverse effect on the Company. There can be no assurance that the Company will be able to obtain the funds necessary to fulfill these obligations and any such failure would have a material adverse effect on the Company. sec.yahoo.com

To: AK2004 who wrote (30699)	4/1/1998 1:34:00 AM
From: James Yu	Read Replies (1) \| Respond to of 1572437

Albert, I saw a lot of companies buying other companies' stocks from open-market with high price to acquire big % security equity. For example, Korea's Samsung bought ASTA shares at high price of $22 (real stock price was below $14) each from open-market to acquire 40.25% in March, 1995. I think most probably AMD will sell security equity and already had a deal with other companies (IBM, NEC, or MOT). I don't think AMD is going to sell equity of business. We will see the good news coming soon. Best wishes James