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Technology Stocks : Advanced Micro Devices - Moderated (AMD)
AMD 203.14-0.8%Jan 9 9:30 AM EST

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To: Paul Engel who wrote (48728)7/23/2001 9:09:03 AM
From: dale_laroyRead Replies (3) of 275872
 
>So our litlle Dan3 is a lot smarter than Intel's accountants and auditors?

Maybe you can explain why Intel's outside independent auditors - Ernst & Young - let Intel get away with falsifying their depreciation YEAR AFTER YEAR - whereas AMD's outside independent auditors - THE VERY SAME Ernst & Young - hold AMD to a much more rigorous depreciation schedule?<

This is one case where Dan3 may be right.

If a company like AMD depreciates their plant over 5 years, this may be accounting that reflects reality because AMD actually uses their plants for more than 5 years.

If a company like Intel depreciates their plant using this same 5 year rate they may not be depreciating their plant fast enough if they replace their plants in two or three years.
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