Intel Corp (INTC)

[VeeCee]

The following comments from the article on baron.
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http://blogs.barrons.com/techtraderdaily/2012/12/07/this-morning-cisco-talks-software-services-sex-aapl-in-the-u-s-a/
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Shares of Advanced Micro Devices (AMD) are up a penny at $2.35 following last night’s announcement the company cut back on how much it expects to buy from manufacturing partner GlobalFoundries. Although the company expects that to help it get cash flow positive, some were skeptical this morning.

Craig Berger with FBR Capital reiterates a Market Perform rating, writing that the company is going from being almost “cash neutral” last year to debt-heavy, “suggesting management will need to raise additional financing for AMD before exiting 1H13,” a scenario that is “not enticing” for investors, he thinks.