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HailMary

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HailMary

Re: chipguy post# 68029

Thursday, 12/15/2005 10:42:50 PM

Thursday, December 15, 2005 10:42:50 PM

Post# of 97555
Care to tell us how much the shortfall from $16 - $18 to
$12 directly cost AMD?

Nothing...

AMD will have the same # of shares regardless of the IPO price. The only affect this has on AMD is the value of their new asset, the SPSN shares they hold.

I suspect that SPSN shares will go up to close to what AMD was originally asking for, for a net affect of 0 on them. AMD declares the value of SPSN shares at what the market prices them at.

SPSN on the other hand, got short changed. They received less cash than they wanted, but since more shares were offered than were originally planned, it didn't make a huge difference there either.

HailMary

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