Replies to post #23130 on Intel Corp (INTC)

[tecate]

Confucious did say:

He who learns but does not think, is lost He who thinks but does not learn is in great danger.

Sounds like the Danster ;)

[highlandpk]

Or in other words, AMD must sell off the majority of the company to pay their 3 year old debt or die as forced to do so by the banks

Last Q CPU division did slightly less than a billion $$$ in revenue Vs. slightly more than 500 million $$$ for spansion -of which AMD only owns 60%. So, oh wise one, how is that selling off the "majority" of the company? In any event, Spansion is a low margin commodity like business with no real big barriers (other than cash) to entry. Getting rid of it is the smart thing to do.

Also, WTF bank are you talking about anyway? AMD has/had $200 million in convertible (2007) notes which they just called. I wonder how many of those are still out there considering there is now ZERO incentive to continue holding. They also have $500 million in convertible debt (anytime at $23.38 per share) due 2022. Finally there is the $600 million in senior notes due 2012. I think the financial picture you are trying to paint is about 3 years old and thus.....quite lame.