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Politics : Formerly About Advanced Micro Devices

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To: Xpiderman who wrote (35237)7/29/1998 9:08:00 PM
From: StockMan  Read Replies (1) of 1572907
 
Re -- Do you believe Sander's "return to profit" prediction?

Sanders has to say that, because if AMD doesn't make at least $1 in profit in Q4, the Creditors will auction off AMD, and all the "shareholders" will see their "money" dissappear into thin air. The $1 in profit is harder than some AMDites imagine, because AMD will not be able to "deduct" the TAX DOLE (about 30 mil/Q) that it has been doing so far.

However, I believe Sanders prediction of profits, but only for "next" year.

What I am curious about is, how much money AMD will consume this Q.

Stockman
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