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kpf

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Alias Born 03/06/2003

kpf

Re: yourbankruptcy post# 7865

Wednesday, 07/02/2003 11:35:16 AM

Wednesday, July 02, 2003 11:35:16 AM

Post# of 97585
yb - I'm sure IBM is getting something without the president face imprinted

Well, way too early for me to be sure of anything that will happen in 2005 - or not.

A simple lease of a fully equipped fab is a possibility as well. Or in a more sophisticated sale and leaseback - structure. Or one of many many other possibilities. Which ones will be feasible and which one will be the structure of choice can hardly be judged from today's viewpoint.

However, I agree in the core of your posting: IBM is confident in its development partner. Maybe even confident enough to leave the definitive agreement open until 2005.

K.



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