RE: ignited...
posted on
Feb 28, 2005 12:23PM
Anyone think that the proxy being mailed this month will include someone associated with AMD as a candidate for the BOD? If the purchase of restricted shares was not part of the official agreement, per the 8k, why did AMD purchase restricted shares. I know it acts as a good faith endorsement and sends a message to INTC and perhaps that is all there is to it.....except being a good investment. Could they not have just announced that AMD was purchasing shares on the open market and perhaps they are. Being a novice, is it possibly a way to disguise the number of shares they have purchased until it has to be disclosed in a quarterly? I also wonder, between the money received from the sale of these shares and a possible up front license fee, what the treasury looks like. Does only the lcense fee show up as income or do somehow sale of restricted shares go the bottom line also? Could be we show a profit for the quarter and guess what....they release the financials the day of the shareholders meeting. I know I am probably way off but until Fogel rules my mind is tossing and turning.