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Technology Stocks : Advanced Micro Devices - Moderated (AMD)
AMD 211.33+3.7%9:49 AM EST

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To: Petz who wrote (1423)7/19/2000 8:07:40 PM
From: Mani1Read Replies (1) of 275872
 
John re <<I replied with a couple of albert's reports but I think this turd deserves some more email.>>

OK, done. This is what I wrote:

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The estimate for AMD from the analyst was on the "no tax" basis. On that basis AMD earned $1.51 not $1.21.

Granted AMD did not communicate this to the street. As late as the first quarter conference call, AMD was saying "zero tax rate for Q2". Now they decided to pro rate their tax credit and have annual rate of 20%

Your report is factually inaccurate. Just listen to their conference call.

Mani Ahmadi

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