A US analyst has expressed "increasing concerns" that AMD is heading toward a cash-flow crisis even a shareholders" ears prick to whispers that a private equity company is looking to buy a stake in the chip maker - or even the whole kit and kaboodle.
AMD"s cash flow was questioned yesterday by American Technology Research analyst Doug Freeman, who told the firm"s investor customers: "We were surprised to see AMD shares rally yesterday given what we believe to be increasing concerns about cash flow at the company... we think management will be forced to come to the capital markets for operating cash before the end of the summer."