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Politics : Formerly About Advanced Micro Devices

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To: richard surckla who wrote (146169)4/24/2002 3:05:33 AM
From: Mani1  Read Replies (2) of 1575639
 
Re<<AOL's $50-Billion Loss Is One From the Books>>

It is just goodwill write down from the bubble days. JDSU did a 25B one last year. It is just an admission that there will not be a return to the old days anytime soon. They used expensive stock to buy another expensive stock.

Looks a little silly when your "book value" is twice as much as your trading value.

Mani
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