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Politics : Formerly About Advanced Micro Devices

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To: Jim McMannis who wrote (38418)10/6/1998 5:32:00 PM
From: Paul Engel  Read Replies (3) of 1577462
 
McMannis - re: "Paul probably had a cow as soon as he realized that his "AMD loss FUD" has come to "

I was surprised that AMD made a profit, but let's get real - it's only a penny/share!

However, the income statement shows the biggest "revenue" item as Interest income of $10 million plus $9 million on operations.

Interest EXPENSE of $21 million nullified those two items and it was the Joint Venture with Fujitsu ($1.9 Million profit) that helped create the final profit of only $1 Million.

A profit is a profit - but this was not exactly a blow away performance.

Paul
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