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Politics : Formerly About Applied Materials
AMAT 327.01+2.5%Jan 16 9:30 AM EST
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To: Cary Salsberg who wrote (45616)4/20/2001 2:09:39 AM
From: Pink Minion  Read Replies (1) of 70976
 
If goods are subsequently used, they contribute zero to the cost of goods sold, and hence add to profit.

Huh? And the cost to build those goods should be accounted for.

RE: "Mr. Chambers said that the company did not plan to use the goods that it was writing off..."

Of course he said this. Otherwise, he would be admitting to fraudulant accounting.

So are you saying they're going to use the inventory or not? I'll go dumpster diving for 2.5 billion.
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