Replies to post #23126 on Intel Corp (INTC)

[tecate]

http://www.forbes.com/2005/12/13/intel-earnings-chips-1213markets13.html?partner=yahootix

Well Dan while you live in your wishland :) here's what professionals think and I quote:

"We believe Intel is capitalizing on a relatively low-cost debt market and expect the transaction to be non-dilutive post share repurchases," said the analyst. "The convert offering provides Intel a small but cheap cash cushion."

I hope you are not a barometer for AMD, cause they are in trouble then :)

[imho]

Dan3,

re: Intel's debt offering Timing is everything

You and your AMD buddies still could not figure it out, could you? On an unrelated subject, how is the Spansion IPO coming?

The proposed price range of the shares of Class A Common Stock being offered has been reduced from $16.00 to $18.00 per share, as stated in the Preliminary Prospectus, to $13.00 to $14.00 per share. The primary effect of such change will be that the net proceeds available to us as a result of the offering will be reduced from approximately $622 million to approximately $493 million

So in a span of LESS than 24 hours, AMD drops the price from $17 to $13.50 or about 20% (they were so sure to get the $17 price, they issued S-1 stating so, last night). You don't think they were a little "disingenuous"? Nah. BTW, that is $129 million of AMD/Spansion's money that just flew out the window. Yes, things can change in under 24 hours, and we still have 24 hours more to go!

And don't forget, AMD still has 40% of this piece of garbage hung around its neck.

Too bad :((

IMHO