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Politics : Formerly About Advanced Micro Devices

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To: Charles R who wrote (86971)1/13/2000 10:47:00 PM
From: Petz  Read Replies (5) of 1572553
 
Chuck, great DD on the Intel financial statements:
"** Interest and other was $508 million in the fourth quarter, higher than previous guidance of $280 million, due to higher than expected gains on sales of equity investments."

I have NEVER seen a company report capital gains as part of "interest and other income."

Capital gains should be reported as a separate line item because it is a one time only income. True income from investments or interest expense tend to be stable from quarter to quarter and therefore belong in net income.

Capital gains do not.

Petz
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