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Politics : Formerly About Advanced Micro Devices

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To: niceguy767 who wrote (88778)1/21/2000 3:21:00 PM
From: Burt Masnick  Read Replies (1) of 1573671
 
Niceguy, There are non-taxes on AMD profits since AMD has tax-loss carryforwards as far as the eye can see. Intel, of course, pays about 33% of its profits in taxes. So are you saying that if AMD earns $3.00 per share or thereabouts for Y2000 that would surpass Intel or are you saying that after AMD earns $4.50 per share (since that's what it would have to earn pretax to get to $3.00 per share post tax if it were a continually profitable company) that would be the criterion for surpassing Intel. Just curious.

Burt
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