Formerly About Advanced Micro Devices Message Board

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Politics : Formerly About Advanced Micro Devices

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To: RetiredNow who wrote (218550)	2/10/2005 9:41:39 AM
From: Elroy	Read Replies (1) of 1574122

However, in this post, you just added a new element to the discussion. You said that Qwest's market value of assets exceeds liabilities. So this would indicate that Qwest is not bankrupt. I posted it wrong the first time, and then corrected it, maybe you read the incorrect version before I revised it. The numbas don't lie! Qwests assets are less than their liabilities on their balance sheet as of September 2004. Assets = $24.926 billion Liabilities = $27.403 billion Shareholders Equity = -$2.477 billion Qwest is not bankrupt. It's market cap at the moment is about $8 billion. My conclusion - toss your dictionary!

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