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Politics : Formerly About Advanced Micro Devices
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To: Jim McMannis who wrote (55874)4/19/1999 7:25:00 PM
From: Yougang Xiao  Read Replies (1) of 1577094
 
Jim M and Dave Langston: Re: 850 Million breakeven and zero tax rate.

I emailed Toni @AMD IR regarding the following questions:

(1) Is the 850 million breakeven for Q2 only or a ballpark for future qtrs to come?

(2) Does Zero tax rate imply that AMD anticipate making no money in 99?

Here is Toni's answers:

<<1. The $850 breakeven number was referring to Q2 only.

2. Because we lost money in 1998, we'll have tax credit carry forwards.>>

************************************

Good News, indeed.

Thanks to Toni, for your prompt reply!
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