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

To: Brian Hutcheson who wrote (32556)	5/9/1998 12:27:00 PM
From: Paul Engel	Read Replies (1) \| Respond to of 1572383

Brian - Re: " They now have at their resources adequate financing to forge ahead in their plans to take 30% of the CPU market ," Is this fact or opinion? $450 miilion will be used to satisfy short term notes that are due as well as buy capital equipment. If AMD continues to lose money, they will be back in the market, diluting the shareholders even more. Remember - AMD now has ANOTHER $27,000,000 in YEARLY INTEREST EXPENSE TO SERVICE THIS debt! That means that they have to earn an additional $27,000,000 in operating profits just to break even. And you know AMD is not making a profit from operations. Paul