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Technology Stocks : Advanced Micro Devices - Moderated (AMD)
AMD 206.14-4.1%3:59 PM EST

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To: Road Walker who wrote (17465)11/2/2000 9:19:10 PM
From: PetzRead Replies (2) of 275872
 
John, <Intel losing money on "other">
I don't really think so. The footnotes on the financial statements say something about certain corporate expenses being lumped into the other category. I think these expenses are in the billions annually and have the net effect of making the CPU division and its gross margins look better, and the rest of Intel look worse.

It would be impossible for Intel to be losing that much since Flash, if its 8% of Intel, must be about 40% of "other," and its got to have at least a 20% profit margin after taxes.

Petz
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