Spansion - Milliardenfirma und Pennystock

aber +5%

Und irgendwann werden die Shareholder schon wieder aktiv....  

muss allerdings in deutschland kaufen weiß meint ihr was soll ich für ein limit setzen 0,04???

Komisch?... gibt nirgends Info`s von der Anhörung bei Gericht am 23.06.2009. Amis erzählen, erst am Dienstag würde wohl was neues erscheinen - was auch immer.  

Ich bleibe vorerst auf hold, mit offer bei 0,05.
Derzeit sind ja überall die Umsätze mau.... Ich hoffe mit ein paar News ziehen wir wieder etwas an.  

Und wenn sie Anfang Mai noch 100 Millionen Cash hatten, werden sie gerade beim etwas verbesserten Chipmarkt nun sicher nicht sofort zahlungsunfähig.

Ich gehe mal davon aus, SPSNQ wird noch eine ganze Weile in den Pink Sheets zu handeln sein, es sei denn es kommt (was ja alle hoffen) ein Buyout  

Bid 8,5c und ask 8,8c im Moment

8,97% Kursplus bei gutem Volumen. Es gibt neue Gerüchte: Winbond soll an Spansion interessiert sein  

Allerdings gingen schon wieder beim kleinsten Gerücht mehr Aktien über die Rampe. Heute immerhin schon wieder über 600.000. Morgen schaffen wir vielleicht die Millionengrenze....  

Gibts zu dem kolportierten Gerücht (quasi dem Gerücht eines Gerüchts) auch 'ne Quelle, die näher auf das Gerücht einginge oder woher hast Du das? ;-)  

press release

Jun 25, 2009, 7:15 p.m. EST
Spansion Further Strengthens Management Team With Appointment of Randy Furr as Chief Financial Officer



SUNNYVALE, Calif., June 25, 2009 /PRNewswire via COMTEX/ -- SUNNYVALE, Calif., June 25 /PRNewswire-FirstCall/ -- Spansion Inc., the world's largest pure-play provider of Flash memory solutions, today announced the appointment of high- technology finance veteran Randy Furr as executive vice president and chief financial officer (CFO). With 30-years experience in the technology sector and as an experienced financial and operations executive, Furr further strengthens Spansion's leadership team and is expected to significantly contribute to the company's financial restructuring and long-term profitability and success.




"Randy brings a wealth of experience as a successful CFO along with a deep understanding of operations and a track record of managing companies through restructuring and growth periods," said John Kispert, president and CEO of Spansion. "With the addition of Randy Furr, we have strengthened our management team with an accomplished executive who will help guide Spansion through our restructuring process and provide the financial discipline necessary for Spansion to successfully pursue its new business strategy focused on the embedded solutions market and IP licensing."

For over three decades, Furr has led organizations through phases of restructuring and rapid growth across the technology sector -- from electronics manufacturing to software. Most recently, Furr held senior executive positions at Magellan, a portable GPS systems company; Aliph, a provider of wireless headsets; and Adobe Systems, a creative professional and enterprise software company. In addition, Furr spent 13 years at Sanmina-SCI, nine as president and COO and four as executive vice president and chief financial officer. At Sanmina-SCI, Furr successfully implemented the necessary financial discipline and processes to lead the company to a successful IPO. During his tenure, Sanmina-SCI completed over 50 mergers and acquisitions, grew sales from $60 million to $12 billion, and increased capitalization from $250 million to over $5 billion. Prior to Sanmina-SCI, Furr has also held management positions at General Signal and Arrow Engineering.

"Spansion is on the right track in its restructuring efforts and is well-positioned to execute on its strategy to focus on the embedded solutions market and IP licensing, generating free cash flow and profits," said Randy Furr, executive vice president and CFO. "I am looking forward to playing a key role in helping structure Spansion to emerge as a successful, viable enterprise."

Randy Furr, who will report directly to John Kispert, president and CEO, replaces interim CFO, Nate Sarkisian.

About Spansion

Spansion (Pink Sheets: SPSNQ) is a leading Flash memory solutions provider, dedicated to enabling, storing and protecting digital content in wireless, automotive, networking and consumer electronics applications. Spansion, previously a joint venture of AMD and Fujitsu, is the largest company in the world dedicated exclusively to designing, developing, manufacturing, marketing, selling and licensing Flash memory solutions. For more information, visit http://www.spansion.com.

Spansion(R), the Spansion logo, MirrorBit(R), MirrorBit(R) Eclipse(TM), ORNAND(TM), ORNAND2(TM), HD-SIM(TM), Spansion(R) EcoRAM(TM) and combinations thereof, are trademarks of Spansion LLC in the United States and other countries. Other names used are for informational purposes only and may be trademarks of their respective owners.

SOURCE Spansion Inc.
http://www.spansion.com



Copyright (C) 2009 PR Newswire. All rights reserved  

Furr sagt, Spansion sei auf gutem Weg und gut aufgestellt, seine Unabhängigkeit und Restrukturierung zu erreichen.

Das sollte heute schon für 10% Kursplus gut sein.

@trigger: gibt keine seriöse Quelle, stand im Yahoo-Forum, aber das ist nunmal die Eigenschaft von Gerüchten....  

Ich denke auch das die News zu einem guten up taugen. Die letzten Tage hatte sich ja der Kurs halbwegs gefestigt....  

dennoch: die Meldung zeigt, die Firma scheint auf einem guten Weg zu sein (außer alle Verantwortlichen lügen und stopfen sich die Taschen mit dem verbliebenen Cash voll).

Einen Verkaufsdruck sehe ich nicht, weshalb noch mal die 5c unterschritten werden sollten, eher glaube ich: Die 10c Marke wieder kommen!  

10% Kursminus, das macht heute aber kein Spaß... 7,2c nur noch  

Danke für die Quelle.  Von seriös sagte ich aber nichts ... :-)  

ständig 5% Kursminus kann es doch nicht sein....

Das Volumen und Interesse nimmt ab usw. Wenn eine Meldung kommen sollte, die tatsächlich Substanz hat (offenbar wird einer nebulösen Andeutung des neuen CFO "Spansion sei auf gutem Wege" nicht geglaubt oder kein Wert beigemessen), dann sind wir auch schnell wieder bei 15c.

Aber diese Meldung muss eben erst mal kommen  

Aber bei mir läuft vorerst nichts weiter mit Spansion. Habe mein letztes freies Kapital in WAMUQ gesteckt....
Eventuell nächsten Monat mal wieder....  

und vertickt...

Zwar hat der Broker mehr verdient als ich, aber immerhin 10 Euro oder ca 5% Gewinn ist in einer Woche ja auch ganz nett. Wenn es noch mal weiter runter geht, bin ich vielleicht dann wieder dabei ;)  

geht mal wieder hoch, 1 Millionen Shares - endlich mal wieder. die 400k waren ja echt frustrierend...

Aber Neuigkeiten gibt es keine, alle hoffen auf den großen Wurf  

Gibts irgendwelche Neuigkeiten?  -34% ist arg... Ich hätt gern mal wieder was fundamental positives ... :-D  

nach derzeitigen Vertrag bekommt der Kispert nur seine 1,7 Millionen, wenn der Restrukturierungsplan bis März 2010 gebilligt worden ist oder Spansion übernommen wird.

Also, so viel Zeit hat der CEO, um einen vom BK Richter gebilligten Plan vorzulegen, wenn er denn das Geld bekommen will.

Derweil hat noch Spansion Japan Insolvenz angemeldet und ist offenbar die größte Pleite Japans in 2009.

Mehr gibt es derzeit nicht, alles wartet auf den neuen Samsung-Deal oder einen Prozess.....  

Amendment No. 1 to the Employment Offer Letter

For John H. Kispert

Dated February 12, 2009

THIS AMENDMENT NO. 1 to the Employment Offer Letter dated February 12, 2009 (“Agreement”), by and between Spansion Inc. (“Spansion”), a Delaware corporation and John H. Kispert, an individual, is made and entered into as of July 9, 2009.

Whereas, Spansion and Mr. Kispert wish to amend the Agreement, and it is agreed that the Agreement shall be modified by deleting the second paragraph thereof (beginning “You will also be entitled to a bonus . . .”) in its entirety and inserting in lieu thereof the following:

You will also be entitled to a bonus of $1,750,000, less applicable deductions and withholdings, upon consummation of the first to occur of any of the following transactions (each a “Transaction”):

(i) A merger or consolidation of Spansion with any other corporation which constitutes a change in ownership of the securities of Spansion representing more than fifty percent (50%) of the total voting power represented by Spansion’s then outstanding securities, other than a merger or consolidation which would result in holders of pre-Transaction debts of Spansion generally holding at least fifty percent (50%) of the total voting power represented by the voting securities of Spansion or such surviving entity outstanding immediately after such merger or consolidation; or

(ii) The sale, lease or other disposition by Spansion of all or substantially all of Spansion’s assets, which occurs on the date that any one person, or more than one person acting as a group, acquires (or has acquired during the 12-month period ending on the date of the most recent acquisition by such person or persons) assets from Spansion that have a total gross fair market value equal to or more than eight-five percent (85%) of the total fair market value of all of the assets of Spansion immediately prior to such acquisition or acquisitions; or

(iii) The effective date of a plan of reorganization for Spansion that has been confirmed by the United States Bankruptcy Court for the District of Delaware (or any other court having jurisdiction over Spansion’s chapter 11 cases) (the “Court”) and that provides for the continuation of Spansion’s business operations as a going-concern;

provided, however , that: (a) in the case of (i) or (ii) above, the Transaction closes on or prior to March 31, 2010, or in the case of (iii) above, confirmation of the plan of reorganization occurs on or prior to March 31, 2010; (b) no trustee has been appointed in connection with any of Spansion’s chapter 11 cases; (c) in the case of (i) or (ii) above,


you are CEO of Spansion as of the date the definitive agreement for the Transaction is signed, or, in the case of (iii) above, you are CEO of Spansion as of the date the final plan of reorganization is filed with the Court; and (d) either (X) you are CEO on the date the Transaction closes, or (Y) you are not CEO on the date the Transaction closes due to Spansion’s termination of your employment other than for Cause, your resignation for Good Reason, or your death or disability, in the case of (i) or (ii) above, after the definitive agreement for the Transaction is signed or, in the case of (iii) above, after the date the final plan of reorganization is filed with the Court. For purposes of clarity, you shall be entitled to payment of only one bonus under the Agreement upon the first Transaction to occur.

All terms and conditions of the Agreement not specifically modified by this Amendment shall remain unchanged and in full force and effect.


You acknowledge and agree that (i) the Agreement and this Amendment require Court approval and this Amendment shall not become effective, and Spansion shall not have any obligation hereunder, until such approval is obtained, and (ii) notwithstanding the terms of the Agreement, Spansion’s failure to obtain bankruptcy court approval of the Agreement within 60 days of the chapter 11 filing by Spansion shall not constitute a material breach of the Agreement and shall not be deemed a breach of its covenant to use reasonable efforts to obtain such approval. Spansion agrees to use reasonable efforts to obtain Court approval of the Agreement and this Amendment within 60 days of the date hereof.

 
Spansion Inc.           Employee
                                                  §
By:  
/s/    Donald L. Lucas      
/s/    John H. Kispert
Name:   Donald L. Lucas       John H. Kispert
Title:   Chairman of the Board of Directors      
          §  
(Authorized representative of the

Board of Directors)  

Mar 10, 2009, 12:01 a.m. EST
Bedraggled chip sector not near bottom yet
Commentary: Small deals and possibly more failures loom

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By Therese Poletti, MarketWatch  

SAN FRANCISCO (MarketWatch) -- Mario Morales, an analyst with market researcher IDC, is in the unenviable position of following one of the most bedraggled sectors in technology right now: semiconductors.

He doesn't have much in the way of good news these days.

"The biggest question I am getting is, when is the bottom?" Morales said last week at a round table in San Jose, Calif. He doesn't see any growth coming to the semiconductor business until at least mid-2010.

One analogy he made for a roundtable of chip industry executives was that of a roller coaster, like the Giant Dipper in the nearby beach town of Santa Cruz. The roller coaster slowly climbs, click-clacking all the way up the wooden structure, before tumbling down to a gut-wrenching dive. Then it whips around, resumes a fast rise, albeit at much lower heights.

"We still haven't gone all the way down yet," Morales said.

Disappointment was clear on some of the faces of the local executives, but they couldn't have been surprised. Some of the executives came from companies faring better than others, but everyone around the table was familiar with how grim the business is right now.

Since chips are purchased by computer firms, cell-phone makers and the producers of consumer electronics devices and automobiles, chip companies provide some early indicators of how much worse business may get.

"We need to be looking at more double-digit declines in unit volumes," he said. "This is a very broad-based slowdown." PCs and cell phones probably will both see double-digit drops.

Already, the industry has seen flash-memory chipmaker Spansion Inc. and memory-chip maker Qimonda AG (QMND.Q 0.07, +0.01, +16.86%)  file for bankruptcy protection.
Further, forecasts for semiconductor sales continue to fall.

IDC projects worldwide sales for semiconductors will fall 22% in 2009, while capital spending should tumble, as they refrain from upgrading or expanding their factories. Gartner predicted chip equipment sales, the companies who sell manufacturing equipment to semiconductor firms, will drop 45%. See full story.

"Intel is the only one spending right now," Morales said of the world's largest chipmaker, which also will close some older plants as part of its own cost-cutting moves.

One would think that such turmoil in the industry would lead to more mergers, but the lack of available credit makes buyouts bigger than $100 million tough for companies that are trying to hold onto as much cash as possible.

Companies like Intel Corp., (INTC 15.96, -0.06, -0.38%)  Broadcom Corp
(BRCM 24.29, -0.02, -0.08%)  and Qualcomm Inc.
(QCOM 43.24, +0.18, +0.42%)  are
probably the most capable of doing deals right now, because of their respective hoards of cash. As of their most recent quarterly earnings reports, Intel had $8.7 billion in cash and equivalents, Broadcom stowed $1.2 billion and Qualcomm salted away $3.8 billion.

But Morales noted a current priority for some chip firms is the need to work on restructuring or extending their current debt levels, if their debt is about to expire. That is where Advanced Micro Devices Inc. (AMD 3.45, -0.03, -0.93%)  had issues, and ultimately
spun off its manufacturing into a separate company with the help of a cash infusion from Abu Dhabi investors.

In times like this, investors might be tempted to get ahead and buy into a sector as it hits bottom. After all, chip stocks are at their lowest levels in more than a decade, as a look at the Philadelphia Semiconductor Index will attest. And on Monday, Texas Instruments Inc. (TXN 20.47, +0.03, +0.15%)  had some good news for the sector, providing a slightly
higher revenue outlook for the company's fiscal first quarter. See full story.

But they should tread with caution.

Sanford Bernstein analyst Richard Keiser observed in a recent report that even though some stars are lining up to entice bottom-feeders, a major negative that remains is weak end-user demand. Some data suggest that investors are betting that demand will "turn the corner toward the second half of 2009," Keiser wrote, creating a risk that if the downturn is prolonged, negative revisions for semiconductor stocks will persist.

"In summary, we believe enterprise hardware demand will remain weak for some time, and the secondary/used market is likely to be an offset to any pent-up demand," Keiser wrote. "This means the semiconductor sector may not see a 'snapback' of the same magnitude following prior downturns (at least not in the near future)."

Companies that are shopping may certainly find some good deals now. Investors, however, may stay on the sidelines a bit longer.

Therese Poletti is a senior columnist for MarketWatch in San Francisco.  

was mich bei Spansion ein wenig irritiert, das Interesse hat spürbar nachgelassen.

Am Freitag nur noch 220.000 Aktien gehandelt. Also gerade im Wert von 14.000 Dollar wurde investiert. Das ist für eine Firma mit noch immer Milliardenumsätzen (es sei denn in Q2 geht aufgrund der Aufgabe von Tätigkeiten un der Entlassungen der Umsatz massiv zurück) erschreckend wenig.  

http://chap11.epiqsystems.com/docket/...7-58c1-4bff-a1f8-eb8b4fc3f542  

... dass es nix neues gibt, außer dass BK-Anwälte das Vermögen von Spansion mit ihren Honoraren aussaugen ;)