Wednesday, April 13, 2005 7:11:42 PM
To me it sounded like AMD wants it both ways. They want to retain control of Spansion while at the same time getting it off AMD's books. I have no idea just how this will work out, but it didn't sound like AMD has given up on flash yet.
To me this sounds like a slight of hand move to get Wall Street off AMD's back, but it's really too soon to say. For sure there are going to be big costs associated with the IPO, probably over a couple more quarters. It kind of sounds like earnings are going to be a race between ongoing Spansions losses and CPG's gains for awhile. No doubt about which won in q1.
What happened to mirror-bit? Sales of mirror-bit appear to be going nowhere even though unit sales increased 10% on lower ASPs.
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