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Technology Stocks : Advanced Micro Devices - Moderated (AMD)
AMD 213.43+6.2%Dec 19 9:30 AM EST

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To: Petz who wrote (19455)11/17/2000 2:09:27 PM
From: niceguy767Read Replies (1) of 275872
 
John:

"Edelstone points out that the situation isn't quite as dire as it appears because an extraordinary gain on the sale of shares of Micron (MU:NYSE - news - boards) in 2000 will make 2001 a "tough compare."

The spin doctors have already begun...Y2000 "operating earnings" were propped up by the sale of Micron shares...Is this stage one in the INTC Y2001 spin where they'll try to compare Y2001 "operating earnings" to Y2000 "operating earnings" excluding the sale of Micron shares...Seems they might need to have it both ways...
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