AMD has only $1 billion in cash and equivalents, and $1.8 billion in long-term debt. Geraghty estimates that if it keeps to its current capital-spending plan, AMD will use up $800 million of that reserve in 2003 -- with no plans to turn cash-flow-positive until mid-2004.
I usually don't reference that "Other Place", but this one I have to....
http://www.siliconinvestor.com/stocktalk/msg.gsp?msgid=18666399 So what are you trying to say, exactly? I thought your argument was that Intel execs were stealing from the shareholders. I'm asking you to calculate how much money could be distributed to the shareholders if the top 20 Intel execs worked for free. Or rather, how much would be returned to the shareholders if they worked for a typical engineer's compensation - say, $125,000.00? If you have a legitimate answer, please say so and don't evade the question.
125,000......... Typical? I WISH! Two questions, what Semiconductor company do you work for, and are they hiring PE's???
:-)
Semi
P.S. - Banging your head against a brick wall, rarely damages the wall. You usually break your head.... JMO
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