Intel Corp (INTC)

[wbmw]

Elmer, Re: Another thing looming for AMD is Debt payments which will start coming due before long. They're big and they go on for a number of years.

And all they have to do is put out another $200M or so in convertible bonds set for maturity in some far off date like 2020, and *someone* will help with funding. It seems to happen time and time again. I think AMD's greatest asset is their ability to raise ever more cash. As long as they are break-even quarter to quarter, they can continue to recycle their debt indefinitely. The problem will come if they have a few years like 2001-2003, where they increased debt by >$1B. They can't keep doing that forever, without being renamed "United States". <tongue in cheek!>