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Technology Stocks : Advanced Micro Devices - Moderated (AMD)
AMD 214.11+3.9%Nov 26 3:59 PM EST
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To: Petz who wrote (60787)10/29/2001 1:36:26 PM
From: Paul EngelRead Replies (1) of 275872
 
Re: "My original post was 100% accuracte, and you, buddy, are 100% wrong."

You have CHANGED YOUR STORY THREE TIMES - and it is YOU THAT WAS WRONG !!

Here's your original post:
{========================================}
Message 16558136

To:Elmer who wrote (60109)
From: John Petzinger Thursday, Oct 25, 2001 2:36 PM
View Replies (2) | Respond to of 60869

Elmer, re:Nexgen Your figures are wrong. The 723m earnings total occured despite writing off all of the Nexgen goodwill! In other words, the cost of acquiring Nexgen has already been subtracted from AMD's earnings. Without that, AMD's earnings would have been ~700m higher. Better to compare book value, and you will see that AMD's has been growing much faster than Intel's.
As best as I can figure AMD is still in the red from it's purchase of NexGen. Earnings from '96 - 2000 totaled 723 million. The purchase cost $810 million. That's a loss of $87 million.

Petz
{====================================}

Let me reiterate - you STATED:

."The 723m earnings total occured despite writing off all of the Nexgen goodwill! In other words, the cost of acquiring Nexgen has already been subtracted from AMD's earnings. "

According to YOU, ALL of the GOODWILL was written off for NEXGEN.

Now you SUBSTITUTE legal and accounting fees !!

You change your story more times than Sanders changes Limousines !
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