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Re: mas post# 19553

Friday, 07/29/2005 6:01:25 PM

Friday, July 29, 2005 6:01:25 PM

Post# of 151747
Mas, the article says the following:

Granville's main creditors are its bank, HSBC, and US computer chip maker AMD.

Since AMD is neither a bank nor an investment capitalist, this only means that AMD sold this company a bunch of processors, but they went belly up before they had a chance to pay for them.

Don't worry, though. I will restrain from making a joke about what happens to small computer companies that rely on AMD's low ASP commodity business model (yeah, I know AMD now has Opteron and insanely priced FX parts, but I'm sure Time and Tiny Computers did not sell a lot of these).
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