Intel Corp (INTC)

[highlandpk]

I am sure I could be very wrong but my gut feeling tells me they need cash of 2 billion this next year and they are making about 150 Million. That shortfall requires selling assets or borrowing.

Operating cash flow was approx $400 million last Q and they were profitable - this cash crunch you speak of is baseless.

perhaps you should look at slide 10

http://tinyurl.com/crtva

My guess is they pissed away about 2-4 billion on Opteron which can't seem to garner more than about 12% of one segment of the market.

you do realise Opteron/athlon/turion all share a manufacturing process right. R&D to produce hammer arch may be in that range, it is after all hardly a narrow range. Regardless, AMD could very well have have 20-30% of X86 rev share by mid-late 2007 - this means annual rev of more than $10 billion with operating margins around 20%. do the math.