Redde Rationem

Spansion Investors Long Overdue Some Gains

"Imagine if Spansion's partners actually did come out with a charge trap NAND product, as SMIC is trying to do. There are just too many kickers in this story, which is why I am still long SPSN. "

how much are the cumulated losses to date of Spansion
500 mio $ , 1 bio$, maybe more?
when was their last quarter of profit, 2005? maybe 2004?

stay very long, indeed

Spansion/Intel/STM: Phase Change Phantoms

Numonyx begins commercial supply of phase-change memory
EE Times Europe
12/19/2008 6:11 PM
(..)
Non-volatile memory supplier Numonyx BV (Geneva, Switzerland) has started the commercial supply of its 'Alverstone' 128-Mbit

The Spansion Expansion

Reality:
PRESS RELEASE
Fitch Downgrades Spansion Inc.'s IDR to 'CCC'; Outlook Negative
Last update: 5:39 p.m. EST Dec. 12, 2008
(..)
there is a real possibility Spansion will default over the near-term, due to a combination of a challenging macroeconomic environment and the company's weak liquidity position. Fitch believes Spansion's survival over the next 12 months will depend upon a combination of better than expected demand and pricing environment,
(..)
vs.
Fantasy
"I can't help seeing one third of a $7 or $8 billion dollar market being carved up, say, half half between Spansion and Samung. I just can't help it. " (Omer Pelman, this web page)