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KeithDust2000

12/15/05 11:12 PM

#68040 RE: I_banker #68039

I_banker, what´s your assessment of the IPO and how it went so far? Thanks.

CombJelly

12/15/05 11:13 PM

#68041 RE: I_banker #68039

"The SPSN shares will be accounted for under the equity method going forward."

Cool. What does that mean? I'm just an engineering type...

HailMary

12/15/05 11:16 PM

#68042 RE: I_banker #68039

The SPSN shares will be accounted for under the equity method going forward.

And how does that work? Is it value of the shares on the market or the value of 40% of Spansion's equity? If it is 40% of Spansion's equity, than I stand corrected, the IPO price does directly affect AMD's asset in SPSN stock, because SPSN's equity will be lower than expected.

At some point AMD starts selling SPSN shares, however, they'll be getting cash equal to the value of the shares on the market...