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Politics : Formerly About Advanced Micro Devices
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To: kash johal who wrote (74590)10/7/1999 10:17:00 PM
From: Dan3  Read Replies (1) of 1585816
 
Re: 24M/qtr multiplied by $100= 2.4Bn/qtr or 10Bn/yr.

You're confusing gross profit and net profit. If ASPs were to drop by that amount, Intel would lose money for the year. In the last 6 months alone Intel added $4 Billion dollars of goodwill to its balance sheet, and in the same period total assets are nearly constant. Do you know what that means?

Dan
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