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Pastimes : Clown-Free Zone... sorry, no clowns allowed

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To: Earlie who wrote (275635)1/29/2004 8:48:10 PM
From: Perspective  Read Replies (3) of 436258
 
AMKR PR is hilarious. Check this gem!

biz.yahoo.com

"During 2003 we strengthened our capital structure -- reducing debt by $129 million and increasing shareholders equity by $147 million through the issuance of common stock. Our 2003 initiatives have yielded annualized interest expense savings of $15 million," said Joyce.


No kidding? Increased shareholder equity by issuing stock - LOL! How about increasing it through P-R-O-F-I-T-S ?!?

UFB... Now they're planning more capex, which will hurt cash flow and gross margins, but don't worry, they'll make it up on volume.

BC
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