Intel Corp (INTC): I think it's a distinct possibility that...

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smooth2o

Re: None

Friday, 06/22/2007 8:10:45 AM

Friday, June 22, 2007 8:10:45 AM

I think it's a distinct possibility that a lot is cooking between IBM and AMD.... Would IBM want AMD going over to PE? Would IBM want/let AMD fail? And what about the announced socket synergy of Power and AMD? What about the process technology?

http://www.theinquirer.net/default.aspx?article=40501

And, what about the $11B in IBM's checking account?

Strong cash management, once again, supported stock buybacks that boosted third quarter earnings per share growth to 15%, while increasing IBM’s cash on hand by almost $1 billion (to $10.9 billion) in the last 90 days. This strong cash position is an important asset for what IDC expects will remain a very acquisitive IBM in the year ahead.

http://blogs.idc.com/ie/?p=75

Apparently, they are not selling their fabs, and that means that asset-lite implies an IBM purchase for both Dresden and Luther Forest...

http://www.xbitlabs.com/news/video/display/20070621152502.html

Smooth