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To: Mike Wong who wrote (51874)4/1/1998 11:47:00 PM
From: Time Traveler  Read Replies (1) | Respond to of 186894
 
AMD's run-up recently is very coincidental to new issues of shares. With higher stock price, AMD can easily command a large capital for the new and diluted shares. I really have to hand it to the AMD propaganda department. If indeed these guys have been spreading underground rumors about better yield and possible take-over, they have executed very well. Only the new AMD investors would lose a lot of money when cats are finally out of the bag.

John.



To: Mike Wong who wrote (51874)4/1/1998 11:53:00 PM
From: Paul Engel  Respond to of 186894
 
Mike - Re: "If I am right about this, then AMD cannot bleed forever. "

AMD can bleed forever as long as new investors buy newly printed stock from AMD - or bonds.

AMD has been selling bonds and borrowing quite seriously for two or three years - and now they are expanding that.

Paul



To: Mike Wong who wrote (51874)4/2/1998 2:28:00 AM
From: Barry Grossman  Respond to of 186894
 
Mike,

Re: <<AMD cannot bleed forever.>>

Only until they run out of blood. $$

Barry


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