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Technology Stocks : Advanced Micro Devices - Moderated (AMD)
AMD 202.95-16.2%12:03 PM EST

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To: Petz who wrote (653)7/13/2000 5:27:12 AM
From: niceguy767Read Replies (2) of 275872
 
Petz:

Re: "All I can say is that if AMD was assuming that 3 full quarters of earnings would hardly require any tax payments, and then changed their mind so that one quarter of earnings requires paying taxes, either some accountant really goofed or AMD has fantastic earnings this quarter."

Comment: Thanks for the great overview regarding taxes...I, also, was wondering how AMD could possibly suggest paying taxws in Q2 without phenomenal (i.e $500 million in earnings)...

Now I'm really curious about this $1.5 billion revenue rumour...If any authenticity to it, I guess AMD could claim guidance was given masked in the Q2 income tax comment...

By the way, betcha it wasn't the accountant that goofed...
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