Intel Corp (INTC)

[Golfbum]

"Levers" or couch cushions...

The last question in the call produced the most telling answer. The CFO admitted that they would need to "pull some levers" to maintain their cash balance. This quarter was full of such levers with the sale of the Austin campus and a firesale of previously written off Llano devices. Another questioner asked if there were more Llanos to be sold and the answer was yes but no mention of quantity.

Of course there was no description of the remaining levers...

I wonder if one of the analysts will actually spend the time to do a teardown of the financials to remove the silly bits to figure out what's really the state of AMD. OTOH, I wonder if it's really possible to do so.

gb