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Technology Stocks : AMD:News, Press Releases and Information Only!
AMD 247.38+4.5%1:39 PM EST

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To: StockMan who wrote (3812)1/14/1998 7:12:00 PM
From: Petz  Read Replies (1) of 6843
 
S, re:<Look at the real book value (equipment has depreciated in value since 1994)>

Equipment purchased in 1994 would be valued on AMD's books as worthless or almost worthless.

AMD is valuing the total of all of its plants and equipment at 2 billion dollars, which is also just about exactly what the shareholder's equity is. I am sure the replacement cost is much higher than that.

Petz
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