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imho

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imho

Re: jay1000 post# 46324

Monday, 07/30/2007 11:09:25 PM

Monday, July 30, 2007 11:09:25 PM

Post# of 151682
jay1000,

On cost reductions:

``We are doing everything we can to preserve cash. We have delayed some capital investments. In addition, we have intended, and now we are going to accelerate, some sales of assets.

Translation: "with no buyers in sight, we are forced to drop our asking price in order to get rid of this stuff, ASAP". LOL.

Analysts better revisit the promises AMD made on the amount of money expected to be raised from these "ass-set sales" ;)

IMHO

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