Formerly About Advanced Micro Devices Message Board

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Politics : Formerly About Advanced Micro Devices

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To: Charles R who wrote (63686)	6/29/1999 1:11:00 AM
From: Paul Engel	Read Replies (3) of 1571985

Chuckles - Re: "They have a large operating loss but Vantis sale will cover that. " I see you know nothing about accounting principles ! Gains made on one-time events are not, and are NOT considered, part of the ongoing OPERATIONS of the company. They are reported as a separate item. Did you see a $100,000,000 GAIN when AMD SOLD THEIR HEADQUARTERS in Q498? The HALF BILLION DOLLAR LOSS will be for AMD's ongoing operations. Paul PS - WHat business will AMD sell next to help offset the MONEY HEMORRHAGING ? Maybe they will sellout their interest in FASL to Fujitsu. After all, AMD doesn't want to be saddled with an operation that occasionally MAKES money !

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