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


To: Paul Engel who wrote (32296)5/1/1998 4:39:00 PM
From: Yousef  Read Replies (1) | Respond to of 1580613
 
Paul,

Re: "Moody's cuts Advanced Micro Devices ratings ..."

Good post ... as usual. I found some other interesting things in that
link. AMD's business model of buying wafers/parts from IBM and then
re-selling is also questioned in this link ... I believe that some of
us on this thread had already discussed that issue. <ggg>

biz.yahoo.com

"AMD has recently entered into a two year microprocessor foundry
arrangement with International Business Machines (senior at A1) whereby IBM will produce K6 chips solely for marketing by AMD ...

Moody's is not convinced that AMD can maintain a viable and robust long term
business model under this foundry arrangement. Moody's noted that the all of the
senior debt issues are secured by the company's semiconductor facility in
Austin, Texas, known as Fab 25, which is used to make its K6 microprocessor."


Make It So,
Yousef



To: Paul Engel who wrote (32296)5/1/1998 4:46:00 PM
From: greg nus  Respond to of 1580613
 
Paul, No one palys attention to Moodys. There ananisis is all after the fact. Where were Moody's warnings on Mexican Bardy bonds... The S&L crisis. Asian Meldown of Asian counrty bonds. These guys could'nt find there ass with both hands available. Get a life! Buy some Bostht