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Politics : Formerly About Advanced Micro Devices

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To: Petz who wrote (87629)1/17/2000 2:45:00 PM
From: Paul Engel  Read Replies (1) of 1572723
 
Petz - Re: "Engel, show me another reputable company (not INTEL) with capital gains which, on their press release for quarter earnings, does not report capital gains as a separate line item. Or, show me the Form 10-Q of a company with Capital Gains, that did not report it on a separate line on its Income Statement. Haven't found one yet? Keep looking, maybe you can find one other company in the DOW 30 that would stoop so low."

Intel - UP $12 to $103 1/16 !!

All the accountants seem to like Intel's income statement.

They didn't LIE about their income sources - they just established that they have an investment hoard that can be harvested at will.

Did you catch the UPGRADES ?

Most of the analysts were falling all over themselves with UPGRADES - Lehman, Paine-Webber, Robbie Stephens, CS First Boston, BT Alex Brown....

How much did AMD make on selling off some of their investments this year?

Of course, AMD's investments included their Headquarters Office building - they are reduced to RENTERS - here in the land of Milk and Honey of Silicon Valley !

And AMD sold off Vantis - a good deal since Vantis was headed south real fast under AMD !

And AMD is TRYING to sell off their antiquated Communications group - no buyers, apparently !

Paul
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