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Technology Stocks : Advanced Micro Devices - Moderated (AMD)
AMD 222.88+0.8%3:41 PM EST

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To: hmaly who wrote (70800)2/6/2002 4:39:45 PM
From: Dan3Read Replies (1) of 275872
 
Re: You didn't place a call to Maria, did you?

LOL!!

No, not me. I think it was Wanna_BMW that sent her an email boasting about how much Intel had raised the valuation of their FABs on their balance sheet in a year that everyone else was writing FAB valuations down.

Is the cup half empty or half full?

Is Intel's plant really worth 50% more than it was when it was producing 25% more revenue? Should all that money they've been spending on their FABs be considered invested? Or just spent and gone ....

That's what makes accounting interesting - and very different from the bookkeeping that a lot of people think it is.
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