CEO says AMD has plenty of cash to fund operations
This is not a concern. The 3rd quarter is not that far away and the AMD will be cash flow positive and cash will start to go back up.
The bashers are trying hard to promote fear. The bashers keeps getting shamed. Try something creative that has never been tried before by a basher. It is called the trueth. Even the kids in my center know the trueth is far moare valuable than a lie.
"We plan to be free cash flow positive by the second half of 2013 and we expect to maintain cash balances in the optimal zone of $1.1 billion for the year and well above the target minimum of $700 million"
"And from that standpoint, we are projecting in Q1 of 2013 that we’ll be able to maintain approximately flat gross margin at 39%."
So much for the bashers claims that margins are low.