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Politics : Formerly About Advanced Micro Devices
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To: Paul Engel who wrote (31403)4/8/1998 7:23:00 AM
From: Exciton  Read Replies (1) of 1571929
 
Paul, Did you happen to notice the little note at the bottom of their income statement that said that these figures were NOT in accordance with generally accepted accounting practices (GAAP). This was referring to an investment loss which they included in their cost of operation. Subtracting this loss padded the operating costs a bit. Actually if they used GAAP their operating loss was not $83 million, it was a whopping $100 million.
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