Intel Corp (INTC)

[Nitt]

re:"So what is this charge going to do to AMD's already weakened cash position?"

If they are writing down capital assets, then there should be no cash impact. If they are taking a charge for layoffs, then that would eat into cash ultimately. My guess is there will be some combination of the two. Writing down assets is a bit of a game if it is only meant to reduce recurring depreciation chargers in future quarters. If they actually close or sell off stuff, then it's much more above board. Anyone know the rules on this kind of stuff?

I guess we'll here more soon.

Nitt